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+ - U.S. regulators sue Intrade, Intrade blocks US accounts->

Submitted by Charliemopps
Charliemopps (1157495) writes "“We are sorry to announce that due to legal and regulatory pressures, Intrade can no longer allow US residents to participate in our real-money prediction markets,”

The CFTC’s civil complaint charged that Intrade and its operator solicited customers to trade investment contracts that technically are options. Options must be traded on approved, regulated exchanges.

Well... at least they're going after the real crooks right?"

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U.S. regulators sue Intrade, Intrade blocks US accounts

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"It ain't so much the things we don't know that get us in trouble. It's the things we know that ain't so." -- Artemus Ward aka Charles Farrar Brown

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