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U.S. CFTC submits amicus brief to the Ninth Circuit Court of Appeals regarding Crypto.com prediction market dispute
Mars Finance News: The U.S. Commodity Futures Trading Commission (CFTC) has submitted a friend-of-the-court brief to the Ninth Circuit Court of Appeals regarding the prediction market dispute between Crypto.com and Nevada, arguing that Congress has granted the CFTC exclusive jurisdiction over futures and related products under the Dodd-Frank Act, and that this authority also applies to event contracts.