US Senators Target Wildfire Bets in New CFTC Rule Fight
Key Takeaways Nine Democratic senators asked the CFTC to prohibit wildfire event contracts by Aug. 14. Lawmakers cited $1.2M in trading tied to California’s 2025 Palisades and Eaton fires. Polymarket says the markets inform rather than exploit, and pulling them prevents nothing. Democratic Senators Want Wildfire Prediction Contracts Banned Over Arson Fears Nine U.S. senators…
