Tag Archives: CFTC

ProphetX applies to the CFTC to launch a new prediction market

ProphetX applies to the CFTC to launch a new prediction market Suswati Basu     ProphetX has applied to the U.S. Commodity Futures Trading Commission (CFTC) to enter the bustling world of prediction markets. The brand, formerly operating as Prophet Exchange and known for its sweepstakes model across dozens of states, had investors including MIXI … Continue reading ProphetX applies to the CFTC to launch a new prediction market

Sleeper accuses CFTC of “illegal delay” to prediction markets application

Sleeper accuses CFTC of “illegal delay” to prediction markets application Graeme Hanna Sleeper Markets LLC, the entity operator of the popular fantasy sports app Sleeper, has publicly accused the U.S. Commodity Futures Trading Commission (CFTC) of an “illegal delay” on its application to register as a Futures Commission Merchant (FCM). This registration is an essential … Continue reading Sleeper accuses CFTC of “illegal delay” to prediction markets application