The CFTC is in talks with every major pro sports league to crack down on insider trading

CoinDesk Staff

(03:38 PM UTC)

1 min read

U.S. CFTC in talks with every major pro sports league on policing prediction markets

Chairman Michael Selig says the agency has already taken several states to court to prove that sports contracts aren't just betting but that they're derivatives.

Chairman Mike Selig of the U.S. Commodity Futures Trading Commission (CFTC) said his agency is in talks with all major U.S. professional sports leagues…

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