The CFTC is suing popular betting site Intrade. And now Intrade is telling its customers to start shutting down their accounts. From Intrade (via TPM): ATTENTION U.S ...

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If you've heard of Intrade, you probably know about the site's impressive record predicting the outcome of the last several U.S. presidential elections. Last November, traders at the online prediction ...

The site had become a cultural force, but federal regulators deemed it illegal The site had become a cultural force, but federal regulators deemed it illegal But on December 23, all bets are off for ...

UPDATE: Intrade announced Monday evening that it would be closing its site to U.S. bettors due to "legal and regulatory pressures." Current customers have until Dec. 23 to close out existing ...

In a press release strangely devoid of any mention of anyone being victimized or defrauded, the U.S. Commodity Futures Trading Commission (CFTC) announces it is suing Intrade, the famous "prediction ...

According to a new academic study, reports Slate and a bunch of other places, a single trader was responsible for between $4 and $7 million in Intrade bets on Mitt Romney during the final two weeks of ...

Intrade, the prediction website that accepted bids on, among other things, the result of the presidential election, is shutting its operations to U.S. customers. The move came Monday just hours after ...