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CFTC sues New Mexico over prediction market jurisdiction

New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators' claim of authority over sports event contracts.

CFTC sues New Mexico over prediction market jurisdiction

CFTC sues New Mexico over prediction market jurisdiction

Published June 15, 2026 · Category: Markets

Overview

CFTC sues New Mexico over prediction market jurisdiction

Details

New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators' claim of authority over sports event contracts.

Source

Originally published at cointelegraph.com.

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