Fantasy Sports App Sleeper Sues CFTC as Prediction Markets Boom
NegativeFinancial Markets

Sleeper Markets, a fantasy sports app, has filed a lawsuit against the US Commodity Futures Trading Commission (CFTC), claiming that the agency is blocking its attempts to become a futures commission merchant. This legal battle is significant as it highlights the growing interest in prediction markets, which allow users to bet on the outcomes of various events. If Sleeper succeeds, it could pave the way for more innovation and competition in the fantasy sports industry.
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