Prediction Markets' Legal Case

Note: I am writing this at Manifest, a prediction markets conference hosted by Manifold Markets. Here, I’ve learned more about the legal situation surrounding prediction markets.As I described in a recent post, bureaucrats at the CFTC (a federal agency) have officially proposed banning trading on elections, Academy Awards, Supreme Court decisions, and pretty much anything interesting. Reacting to that post, Richard Hanania commented:After talking with multiple prediction market founders this wee...