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Comment for Proposed Rule 91 FR 12516

  • From: David Virbick
    Organization(s):
    Valhalla Engineering Group

    Comment No: 114990
    Date: 4/22/2026

    Comment Text:

    Prediction markets are a scam and are constantly used for insider training. Maybe the CFTC should actually do their job for once in this administration and not turn our entire society into a casino. We should not be gambling on the death and destruction of others. Especially since wealthy people have an extreme advantage in the prediction markets. The top ~700 account make 70% of the profits. Rich people are betting on the death of regular people and making millions of dollars. This is not okay. Actually do something. Now!

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