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People Are Betting On Wildfires — And Lawmakers Say It Has 1 Big Risk
Federal market regulators are being urged to set new rules to prevent gamblers from profiting and potentially encouraging disasters.
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cryptobriefing.com
Democratic senators push CFTC to crack down on wildfire prediction markets over arson fears
Democratic senators led by Jeff Merkley urge the CFTC to restrict wildfire prediction market contracts, citing arson risks after $1.2M was
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news.bitcoin.com
US Senators Target Wildfire Bets in New CFTC Rule Fight
9 senators are asking the CFTC to prohibit contracts tied to wildfire duration, growth and destruction, as fire officials see a risk of arson.
