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News 2026-10-06 16:37 UTC

CFTC Chair Selig Discusses Catching Political Figures Trading Prediction Markets

Commodity Futures Trading Commission (CFTC) Chairman Michael 'Mike' Selig stated that the agency has detected political figures attempting to trade on prediction markets, often after the fact. Selig made these remarks during an interview on CNBC's 'Squawk Box'. Bitcoin was mentioned as holding above $85,000 at the time