Twitxy Saved

Kate Knibbs πŸ„πŸ»β€β™€οΈ

@Knibbs

senior correspondent at Wired 🦐 Story tips: kate_knibbs@wired.com (or DM me for Signal/WhatsApp!) extremeknibbs on Insta/Threads and @knibbs.bsky.social
Chicago, IL kateknibbs.blog Joined October 2010
3.3K Following 16K Followers 16K Posts

Latest posts 5

Kate Knibbs πŸ„πŸ»β€β™€οΈ @Knibbs
Every time I think things can’t get wilder on the prediction market beat
Senator Adam Schiff Verified account @SenAdamSchiff 2d
Sports prediction markets are sports bets. By effectively requiring prediction markets to offer contracts in all 50 states, even on Tribal lands, the CFTC is once again violating state law and Tribal sovereignty.

Despite ongoing litigation and court orders to cease offering contracts in several states and Tribal lands as recently as today, the CFTC and its rogue chairman now appear to be encouraging platforms to continue offering gambling products in contempt of these court orders.

This is the CFTC’s most egregious attempt yet to undermine state law, the Tribes, and now, the courts. The CFTC chairman has been captured by the industry and his actions reflect only their interests.
View quoted post on X
2 replies 0 reposts 17 likes 6.4K views View on X