InTrade Abruptly Shuts Down
No word whether the move is permanent
By Evann Gastaldo, Newser Staff
Posted Mar 11, 2013 6:50 AM CDT
A message on InTrade's website.   (InTrade)

(Newser) – InTrade, the Ireland-based betting site on which you could wager on the presidential election and other non-sports events, abruptly shut down yesterday, AllThingsD reports. An official statement on the website cites possible "financial irregularities" that require it to cease operations, but does not give any details. The move, which may or may not be permanent, comes after InTrade already gave US-based users the boot, the Daily Intelligencer notes. They were kicked off after the Commodity Futures Trading Commission sued InTrade for securities and commodity trading violations last year.

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Comments
Showing 3 of 5 comments
mehrheit
Mar 12, 2013 1:22 AM CDT
Wow, a prediction market shuts down. Didn't see that coming.
right2dave
Mar 11, 2013 7:21 AM CDT
Oh no and all those Green beer futures I bought?
myflap.blow
Mar 11, 2013 7:10 AM CDT
Aw, and right before St Pattys Day!