Tag: Intrade The Prediction Market Limited

July 20, 2018 BY Valentina Kirilova

“Prediction Market” companies fined $3 million for illegally trading binary options

The Commodity Futures Trading Commission (CFTC) today announced that on July 5, 2018, Senior Judge Royce C. Lamberth of the U.S. District Court for the District of Columbia issued an Opinion and Order (Order) against Defendants Intrade The Prediction Market Limited (Intrade) and Trade Exchange Network Limited (TEN), Irish companies based in Dublin, Ireland, requiring them to pay, jointly…

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SFC fines
July 19, 2018 BY LeapRate Staff

Illegal binary options trading nets Intrade and TEN a $3 million fine

The U.S. Commodity Futures Trading Commission (CFTC) has announced that on July 5, 2018, Senior Judge Royce C. Lamberth of the U.S. District Court for the District of Columbia issued an Opinion and Order against defendants Intrade The Prediction Market Limited and Trade Exchange Network Limited (TEN), Irish companies based in Dublin, Ireland, requiring them to pay, jointly and…

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