Yahoo Crypto Market • October 6th 2026, 4:37 PM
CFTC Chairman Michael Selig Talks About Catching Political Figures Attempting To Trade Prediction Markets — 'Oftentimes After The Fact'
Key Summary
CFTC Chairman Michael Selig warns of manipulation in prediction markets, citing instances of political figures trying to trade on these markets. He emphasizes the need for regulations to prevent insider trading and manipulation, which could impact the integrity of the markets and the American people.
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Selig warned that treating prediction markets like casinos would be "a real harm to the American people."
#Crypto#PredictionMarkets#CFTC