THE BLOCK · 2026-10-27 18:51 UTC

CFTC sues Utah as battle over prediction market regulation intensifies

CFTC filed lawsuit against Utah and Attorney General Derek Brown over prediction market regulation. This is the CFTC's tenth lawsuit against a state, claiming states are impeding its exclusive jurisdiction. CFTC is also investigating Polymarket for potentially violating a 2022 agreement to ban U.S. users from its platform.

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