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Senators Push CFTC to Ban Wildfire Bets on Prediction Markets

Democratic lawmakers say wildfire event contracts create risks of arson, insider trading, and disaster profiteering as they urge federal regulators to step in.

Photo: Decrypt

Democratic lawmakers say wildfire event contracts create risks of arson, insider trading, and disaster profiteering as they urge federal regulators to step in.

Originally published by Decrypt. Read the full story at the source →

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