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COMMODITY FUTURES TRADING COM'N v. TRADE EXCHANGE

Civil Action No. 12-1902 (RCL)

117 F.Supp.3d 22 (2015)

COMMODITY FUTURES TRADING COMMISSION, Plaintiff, v. TRADE EXCHANGE NETWORK LIMITED and Intrade the Prediction Market Limited, Defendants.

United States District Court, District of Columbia.

Filed August 3, 2015.

Attorney(s) appearing for the Case

David S. Slovick, James White Deacon, Kathleen M. Banar, U.S. Commodity Futures Trading Commission, Washington, DC, for Plaintiff.

Alain J. Ifrah, Jeffrey R. Hamlin, Ifrah, PLLC, Washington, DC, David B. Deitch, Harris, O'Brien, St. Laurent & Chaudhry LLP, Mclean, VA, for Defendants.

MEMORANDUM OPINION

(Civil Contempt and Motion to Vacate Order Imposing Sanctions)

On December 3, 2014, this Court ordered that defendants, Trade Exchange Network Ltd. ("TEN") and Intrade the Prediction Market Ltd. ("Intrade"), show cause as to why they are not in civil contempt...

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