26
Jan
WASHINGTON, January 26, 2023 (Newswire.com) - Aristotle International announces that the Fifth Circuit Court of Appeals granted an injunction allowing the PredictIt political prediction market to continue operating while the Court considers granting longer term relief. The Commodities Futures Trading Commission (CFTC) had ordered the PredictIt market to close by Febr. 15, 2023. A group of PredictIt traders, academic users, and market service provider Aristotle International, Inc. challenged the CFTC in federal court arguing that the shutdown order violates the Administrative Procedure Act. The case reached the Fifth Circuit after a lower court failed to issue a preliminary ruling in…