🚨 BREAKING!!!
WARNING ISSUED: CFTC Targets Risky Prediction Market 'Mention' Contracts
• The Commodity Futures Trading Commission (CFTC) has issued a warning about the risks associated with "mention" contracts, a type of prediction market instrument.
• These contracts allow traders to bet on whether certain words or phrases will be mentioned in public speeches or events.
• The warning comes after the CFTC fined a former White House teleprompter operator who made over $107,000 trading prediction contracts tied to President Trump's speeches.
• The CFTC emphasizes that prediction markets can be highly volatile and may involve significant risks, including the potential for manipulation and market abuse.
Are you aware of the risks involved in trading prediction market contracts?
📡 Via CoinTelegraph
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#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
WARNING ISSUED: CFTC Targets Risky Prediction Market 'Mention' Contracts
• The Commodity Futures Trading Commission (CFTC) has issued a warning about the risks associated with "mention" contracts, a type of prediction market instrument.
• These contracts allow traders to bet on whether certain words or phrases will be mentioned in public speeches or events.
• The warning comes after the CFTC fined a former White House teleprompter operator who made over $107,000 trading prediction contracts tied to President Trump's speeches.
• The CFTC emphasizes that prediction markets can be highly volatile and may involve significant risks, including the potential for manipulation and market abuse.
Are you aware of the risks involved in trading prediction market contracts?
📡 Via CoinTelegraph
👍 Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH