New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators' claim of authority over sports event contracts.
Source: [CoinTelegraph](https://cointelegraph.com/news/cftc-sues-new-mexico-over-prediction-market-jurisdiction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)