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Merkley bill would ban government officials from prediction markets
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Merkley bill would ban government officials from prediction markets

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After a series of dubious bets placed on the ouster of Venezuela's Maduro and Iran strikes, lawmakers are looking to ban insider trading on prediction markets.

Payouts to unnamed bettors after the ouster of former Venezuelan President Nicolás Maduro and the U.S. attack on Iran put prediction markets in the spotlight. Now, lawmakers are trying to block elected officials from getting rich off them. A previous... [6416 chars]

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Source: CNBC

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