CFTC Tells 5th Circ. To Reject PredictIt's Injunction Bid

By Katryna Perera ( February 2, 2023, 10:26 PM EST) -- The Commodity Futures Trading Commission has asked the Fifth Circuit to reject election betting platform PredictIt Inc. 's injunction bid that would allow the company to continue its operation "unimpeded by a CFTC enforcement action," saying the suit rests on the false premise that the CFTC granted PredictIt a license to operate or a mandate to stop. . . .

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