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NYT: Trump admin suspended CFTC officials over prediction market scrutiny


NYT: Trump admin suspended CFTC officials over prediction market scrutiny

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On May 24 the New York Times reported that Trump appointees at the CFTC probed and placed senior officials on administrative leave after they resisted the commissioners' plans for prediction markets. Career staff had flagged problems with the political push, highlighting regulatory interference risks for crypto, DeFi and prediction market oversight.

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The New York Times is stirring the pot with an investigation it published today May 24, claiming that Trump appointees at the Commodity Futures Trading Commission (CFTC) probed and placed officials, including senior staff, who did not fall in line with its plans for prediction markets on administrative leave.  Career officials had flagged problems with...
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