tsai3904
11-26-2012, 06:14 PM
ATTENTION U.S. CUSTOMERS
Monday, Nov 26, 2012
We are sorry to announce that due to legal and regulatory pressures, Intrade can no longer allow US residents to participate in our real-money prediction markets.
Unfortunately this means that all US residents must begin the process of closing down their Intrade accounts. We strongly urge you to begin this process immediately:
More:
http://www.intrade.com/news/id/782
The Commodity Futures Trading Commission on Monday sued the owner of the prediction market and betting website Intrade, alleging that the company allowed unauthorized trading by U.S. customers.
The civil suit, filed in U.S. District Court in Washington, D.C., said Intrade offered trading to U.S. customers on the future prices of commodities such as gold and crude oil despite a 2005 agreement not to offer trades on those and other items.
Intrade, based in Dublin, Ireland, did not immediately respond to a request for comment.
More:
http://www.reuters.com/article/2012/11/26/us-cftc-intrade-idUSBRE8AP0P220121126
Monday, Nov 26, 2012
We are sorry to announce that due to legal and regulatory pressures, Intrade can no longer allow US residents to participate in our real-money prediction markets.
Unfortunately this means that all US residents must begin the process of closing down their Intrade accounts. We strongly urge you to begin this process immediately:
More:
http://www.intrade.com/news/id/782
The Commodity Futures Trading Commission on Monday sued the owner of the prediction market and betting website Intrade, alleging that the company allowed unauthorized trading by U.S. customers.
The civil suit, filed in U.S. District Court in Washington, D.C., said Intrade offered trading to U.S. customers on the future prices of commodities such as gold and crude oil despite a 2005 agreement not to offer trades on those and other items.
Intrade, based in Dublin, Ireland, did not immediately respond to a request for comment.
More:
http://www.reuters.com/article/2012/11/26/us-cftc-intrade-idUSBRE8AP0P220121126