Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
17 Mar 2026 Cheeky Pint Creating prediction markets (and suing the CFTC) with Tarek Mansour and Luana Lopes Lara
“If the elections have economic impact, they need to be allowed to trade on a futures exchange or derivatives exchange. And it was basically, I think what the lawsuit did is it told the CFTC that they couldn't just do whatever they wanted.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 17 Mar 2026
- Publisher
- Cheeky Pint
Transcript context
…Good way of putting it, that every company is different in some new way, and so yeah, this could be yours. What was the basis for the decision where you won the election lawsuit? Was there any interesting policy angle? Right, so the whole point is that the government cannot stop any type of contract unless it makes a finding that's against public interest and it has to fall within certain categories of war, terrorism, assassination. And the CFTC was taking the stance that they were trying to fit elections into any of these things. They're like, "Oh, elections might be illegal under state law." Because betting on elections, there's this one state that in bucket shop law... They try to find something to stop it. And we knew we were very, very clear on the law, like elections have economic impact. If the elections have economic impact, they need to be allowed to trade on a futures exchange or derivatives exchange. And it was basically, I think what the lawsuit did is it told the CFTC that they couldn't just do whatever they wanted. That kind of like— The categories it prohibited, it needs to actually fall under one of the prohibited categories.…
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