Media Coverage

"It Really Would Open the Door": Lawyers See Maduro Betting Case as Test for Future Prosecutions

October 20, 2026

As the first criminal case involving prediction-market bets makes its way toward trial, observers are wondering what effect it will have on an industry that is surging in popularity.

Politico spoke to Celia A. Cohen, a former Assistant U.S. Attorney for the Eastern District of New York and member of Ballard Spahr's White Collar Defense and Internal Investigations Group, for her perspective on why this case is worth watching.

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