Washington, June 8 -- Congressman Gabe Amo issued the following press release:
TODAY, Congressman Gabe Amo (D-RI-01) and Congressman Greg Casar (D-TX-35) demanded answers from Commodity Futures Trading Commission (CFTC) Chairman Michael Selig over his reluctance to crack down on extremely accurate, tremendously profitable prediction market trades on Trump's war of choice in Iran.
A 60 Minutes investigation (https://www.cbsnews.com/news/betting-on-iran-war-insider-trading-concerns-prediction-markets-60-minutes/) identified nine anonymous accounts that collectively made more than $2.4 million through prediction market event contracts on the Iran War, with a stunning 98% success rate.
The Members write:
"Recent reporting has identified ...