House Democrats Question CFTC on Offshore War-Related Prediction Contracts

House Democrats have inquired about the measures the Commodity Futures Trading Commission (CFTC) can take to prevent offshore platforms from offering prediction contracts related to war. According to NS3.AI, Representatives Seth Moulton and Jim McGovern spearheaded a letter to CFTC Chair Michael Selig, seeking responses by April 15. The lawmakers referenced a CFTC regulation that prohibits contracts involving war. In response to criticism, Polymarket announced the removal of a market related to rescue operations.