ProphetX News

Official corporate news account for ProphetX sports prediction market [email protected]

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Read the entire press release here: https://t.co/1RAoUltXHI

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JUST IN: We have obtained @CFTC approval to operate America's first federally regulated sports-native prediction market!

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Read the press release here: https://t.co/biCU6qQE9i

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We applaud the CFTC's proposed rulemaking on prediction markets & believe it is a landmark step toward establishing clear, workable federal standards for the prediction market industry.

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Our CLO, Bruce Fekrat did a great job speaking at the American Law Institute's Accountants' Liability Conference last Friday.

They discussed the emergence of prediction markets as a new asset class and role of major accounting firms in driving audit and accounting standards for a newly federally regulated ecosystem during the Crypto and Prediction Markets: Navigating Regulatory Uncertainty and Liability Risk session.

Great conference @AmLawInst!

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Learn more about Gabriel and Bruce in the full article here👇

https://t.co/1CWIz9anX6

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At this pivotal moment in our growth trajectory, we are excited to announce the appointments of Bruce Fekrat as our Chief Legal Officer and Gabriel Wong as our Chief Compliance and Risk Officer.

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Read the full article here https://t.co/9Q35Ic8aPF

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Today, we were featured in @Politico supporting the @CFTC's efforts to establish a clear, durable federal regulatory framework for sports event contracts and the broader prediction markets industry. @DeclanHarty @samjsutton

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Click here to read the entire press release. https://t.co/oNTSEH5njb

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NEW: We have sent a letter to the @CFTC supporting the Commission's efforts to establish a clear, durable federal regulatory framework for sports event contracts and the broader prediction markets industry.