Story perspectives

Democratic Senators Push to Ban Prediction Markets on Human Casualties

2/25/2026

Summary

Story summary

A coalition of United States Democratic senators urges the Commodity Futures Trading Commission to ban prediction market contracts tied to human casualties.
Led by Representative Adam Schiff, they seek to expand prohibitions beyond terrorism and war, citing insider trading and market manipulation.
They cite contracts predicting NASA's Artemis II mission and political events in Venezuela and Ukraine.
The initiative underscores a push for ethical oversight in speculative markets.

1 of 1

Story summary

A coalition of United States Democratic senators urges the Commodity Futures Trading Commission to ban prediction market contracts tied to human casualties.
Led by Representative Adam Schiff, they seek to expand prohibitions beyond terrorism and war, citing insider trading and market manipulation.
They cite contracts predicting NASA's Artemis II mission and political events in Venezuela and Ukraine.
The initiative underscores a push for ethical oversight in speculative markets.