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The American ProspectMar 24, 2026Local News

Organized Money: The Business of Betting on Murder with Sen. Chris Murphy

Senator Chris Murphy introduced the BETS OFF Act to ban prediction market betting on sensitive federal functions and military operations.

Organized Money: The Business of Betting on Murder with Sen. Chris Murphy
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tl;dr

Senator Chris Murphy introduced the BETS OFF Act to ban prediction markets from allowing bets on sensitive government functions. The bill responds to concerns that traders used insider information to profit from military strikes and assassinations in Iran.

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Christopher MurphyD-Connecticut
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