CFTC Files Lawsuit Against Utah to Defend Federal Control of Prediction Markets

The Commodity Futures Trading Commission (CFTC) has sued Utah to prevent the state from enforcing gambling laws against federally regulated prediction markets. The lawsuit follows Utah’s civil enforcement actions against CFTC-registered exchanges, escalating a broader dispute over federal and state regulatory authority. Ad Ad CFTC Challenges Utah’s Enforcement Against Prediction Markets The CFTC announced the