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CFTC Sues Ill., Conn., Ariz. Over Event Contract Enforcement

By Aislinn Keely ( April 2, 2026, 7:09 PM EDT) -- The U.S. Commodity Futures Trading Commission continued its bid to assert "exclusive jurisdiction" over prediction markets on Thursday with a trio of suits against Arizona, Connecticut and Illinois regulators over the states' attempts to shut down certain event contract trading as unregistered gambling....

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