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March 11, 2013 Under pressure from regulators because it allegedly crossed the line that separates investing from betting, the once popular site has ceased operations.
November 26, 2012 The move came Monday just hours after the Commodity Futures Trading Commission accused the Ireland-based company of violating the agency's ban on off-exchange options trading. The prediction website takes bets on everything from economic results to the prospects of war to which movie will win the Academy Award for Best Picture.
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