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PREDICT Act bill seeks to ban president, Congress and appointees from prediction market wagering
- PREDICT Act bill seeks to ban president, Congress and appointees from prediction market wagering — A bipartisan House bill from Adrian Smith and Nikki Budzinski would bar members of Congress, the president, the vice president and political appointees, along with spouses and dependents, from wagering on political and government outcomes. Listed penalties include a 10 percent fine on contract value and disgorgement of profits. (Cointelegraph)
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