The U.S. Commodity Futures Trading Commission, which regulates the trading of futures contracts, sued the owner of the betting website Intrade on Monday, Reuters reports:
The suit, filed in U.S. District Court in Washington, D.C., said Intrade offered trading to U.S. customers on the future prices of commodities such as gold and crude oil, despite a 2005 agreement not to offer trades on those and other items.
