According to CoinDesk, several traders and academic users of the forecasting market PredictIt and technology provider Aristotle International filed a lawsuit with the US Commodity Futures Trading Commission (CFTC) in the US District Court for the Western District of Texas, asking the CFTC to prove that its August The reason for ordering the shutdown of the site for U.S. users by Feb. 15, the CFTC said, was because administrators had not complied with the agency's requirements for the site to operate. Foresight News previously reported that the U.S. Commodity Futures Trading Commission (CFTC) took action on August 4 to forcefully shut down the U.S. regional service of the prediction market PredictIt.