CFTC’s Selig accuses states of trying to ‘lock up’ prediction market founders
The Block
13 lis 2026, 18:54Crypto
1 min read
CFTC Chairman Michael Selig states that disputes over whether event contracts constitute gambling should not expose prediction market executives to jail time.
The Commodity Futures Trading Commission (CFTC) chairman is pushing back against state authorities he claims are attempting to criminalize prediction market founders through aggressive enforcement actions.
Legal Dispute
disputes over whether event contracts are gambling shouldn't put executives at risk of jail
Selig emphasized that the fundamental question of whether prediction markets constitute gambling should be resolved through regulatory clarity rather than criminal prosecution.
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