Intrade tells US customers to close accounts after regulator sues

Intrade, the Dublin-based online service that lets people bet on events such as elections and weather, asked US customers to close their accounts after regulators sued the website.

27th November, 2012

Intrade, the Dublin-based online service that lets people bet on events such as elections and weather, asked

US customers to close their accounts after regulators sued the website for allegedly offering improper options trading.

From September 2007 to June 25, 2012, Intrade continued to offer options betting on future prices of gold, crude oil and changes in US economic data after it had pledged to stop doing so under a 2005 order, the Commodity Futures...

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