CFTC sues Wisconsin escalating federal-state clash over prediction market oversight
CFTC sues Wisconsin escalating federal-state clash over prediction market oversight
On Tuesday, the CFTC filed a lawsuit against Democratic Gov. Tony Evers, Attorney General Joshua Kaul and the administrator of the Wisconsin Department of Administration Division of Gaming, John Dillett.This now marks the fifth state the CFTC has sued over the past month, including Illinois, Arizona, Connecticut and New York, in its fight to assert its oversight over prediction markets.