Prediction Markets Face a Ban in One State, but the Fight’s Not Over

Prediction Markets Face a Ban in One State, but the Fight’s Not Over

Minnesota has become the first state to ban prediction markets, but the fight over these platforms’ right to operate is far from over. Loading audio narration… On Tuesday, Minnesota Gov. Tim Walz signed and approved a state ban on prediction markets. Per the bill, any person who creates, operates, or advertises a prediction market that … Read more

Andrew Left Paid Millions by Hedge Funds, Prosecutors Say

Andrew Left Paid Millions by Hedge Funds, Prosecutors Say

Prosecutors in Andrew Left’s securities fraud trial say the prominent short-seller wasn’t always working alone in the tweet-and-trade tango he’s been accused of. Loading audio narration… The Citron Research founder is accused of manipulating the market and deceiving retail investors with a plan that earned him more than $20 million. Prosecutors said Left was working … Read more