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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