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Bitcoin.com 2026-04-11 02:30:14

CFTC Secures Court Order Blocking Arizona Criminal Case Against Prediction Markets

Federal intervention is tightening control over U.S. prediction markets as courts back centralized oversight, escalating a clash between regulators and states over jurisdiction and enforcement boundaries. Key Takeaways: CFTC secured a restraining order blocking Arizona’s criminal case against regulated markets. Arizona relied on gambling statutes, a move CFTC argues conflicts with federal derivatives law. Selig

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