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Intrade tells U.S. customers to close accounts

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Facing pressure from U.S. authorities, Intrade announced Monday that it will no longer offer "real-money" accounts for users in the United States.

The announcement comes after the Commodity Futures Trading Commission filed a civil complaint against the Dublin, Ireland-based operators of Intrade, an online prediction market. The CFTC charged Intrade and its parent company, Trade Exchange Network Limited, with violating a ban on options trading and making false statements in official MORE


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