26 Nov '12, 10pm

Are there any Bitcoin-friendly betting markets? Intrade Shuts Doors To Americans

ATTENTION U.S. CUSTOMERS Monday, Nov 26, 2012 We are sorry to announce that due to legal and regulatory pressures, Intrade can no longer allow US residents to participate in our real-money prediction markets. Unfortunately this means that all US residents must begin the process of closing down their Intrade accounts. We strongly urge you to begin this process immediately: Step 1: Close out open predictions You must close out all open predictions before 8:00am GMT (3:00am ET) on December 23, 2012. Instructions on how to close out an open prediction can be found HERE. If this is not done then by the deadline noted above, Intrade will close out your predictions for you at what we consider to be fair market value as of the daily session close of December 23, 2012. Fair market value will be determined using current and historical price information, including daily close prices ...

Full article: http://www.buzzfeed.com/buzzfeedpolitics/intrade-shuts-do...

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