CFTC Official Who Regulated Political Betting Exchange Murdered in DC

A former Obama and Trump giving medication prescribed whose business office oversaw a political betting exchange inwards the US was gunned down inward the nation’s upper-case letter shoemaker's last week.

Mike Gill worked at the US Commodity Futures Trading Commission (CFTC) during President Barack Obama and Donald Trump’s administrations. Gill was the chief of faculty for CFTC Chair J. Saint Christopher Giancarlo from October 2016 through November 2019.

A calendar week ago today, Monday, January 29, DC’s Metropolitan Police Department responded to shots fired mired in an attempted carjacking at the 900 block of k Street NW nearly a half-mile NE of the White House.

Police found Mike Gill, 56, interior his Jeep Grand Cherokee that he had latterly purchased. He had arrived inwards the early evening hours to plectron up his wife, Kristina, at her law of nature office near Mount Vernon Square.

Gill’s head was on the pavement in a puddle of blood, with i leg relieve inwards the driver’s seat. The assailant fled on foot. Gill was transported to a hospital where he remained inwards critical shape for six days. He died on Saturday, February 3.

It is with unfathomed unhappiness that i wish to inform the community of the departure of my husband, Mike Gill. His sudden departure has left a emptiness inward our lives that can buoy ne'er live filled. In this clip of grief, we are grateful for the outpouring of enjoy and backing from family, friends, and the community, and extend our heartfelt gratitude to everyone who has reached out to extend condolences and assistance,” his widow woman wrote.

Trump weighed inwards on his Truth Social media platform.

Wonderful and splendid Mike Gill, a highly well-thought-of member of the Trump Administration, was ruthlessly and viciously slam inward the caput during a carjacking inwards Washington, D.C. He was a SPECIAL PERSON — His menage and friends are devastated. The federal official Government must submit o'er DC. God sign Michael and his family,” Trump wrote.

The attacker, identified as 28-year-old Artell Cunningham, of Suitland, Md., then barb and killed another man and hijacked his Chrysler 200 vehicle. type A ride-share number one wood later called 911 to news report his Nissan existence hijacked.

Around 1:30 a.m. the following morning, Tuesday, Jan 30, a man driving a Nissan barb at a Free State State Police police cruiser stopped up(p) for a disabled vehicle on southward I-95 at Route 198. The same Nissan dig at a marked Metro DC constabulary car on I-295 at Exit 1 around 2:30 a.m.

Police in Prince George’s County located the Nissan a unawares clip later and intermeshed inwards an “officer-involved shooting,” said Jeff Carroll, executive help chief of the DC police. Cunningham was killed inward the exchange.

Carjackings inwards DC soared over 100% endure year to nearly 1,000 incidences, with most involving a firearm or virulent weapon.

PredictIt Oversight

An independent agency of the federal government, the CFTC was founded inward 1974 and regulates derivatives markets, which include futures, swaps, and other kinds of options. As it relates to the betting world, the CFTC is topper known as the federal authority that granted PredictIt the sound correct to run inward the US.

PredictIt is an online political betting exchange running past New Zealand’s Victoria University. The political program is a not-for-profit educational externalize intentional to ascertain if betting markets canful promise the outcomes of certain events and political races to a greater extent accurately than traditional agency such as public judgment polling.

In 2014, the CFTC issued PredictIt a No-Action Relief letter of the alphabet that allowed the political platform to control not-for-profit political undertake markets. During Gill’s incumbency at the agency, the CTFC allowed PredictIt to facilitate political wagering on the 2016 presidential election that saw Trump flap Edmund Hillary Clinton.

Betting Market Future

Hill departed the CFTC before the 2020 election for a private sector role. At the time of his death, he was working at the Housing Policy Council, a patronage radical that advocates for a private-enterprise(a) marketplace, as its senior vice chairwoman of great markets.

In August 2022, the CFTC proclaimed its intention to draw its No-Action Relief alphabetic character on grounds that PredictIt had violated the terms of the document. PredictIt has since been appealing the agency’s determination via a lawsuit filed inwards Western Texas’ US District Court. The federal court of justice issued a temporary enjoining inwards Jan 2023 allowing PredictIt to proceed operating piece the court of justice reviews the case.

The crux of the matter of the case is based on whether Victoria Falls University is profiting from PredictIt, as the CFTC alleges. Victoria Falls University said inward a Mar missive to the courtyard that it only takes $2,000 a month from the platform’s performance to cover song its operating costs.

Experience the thrill of playing your favorite casino games at LPE88 - the most popular online casino platform in Malaysia! Join now and start winning. LPE88 boasts an extensive selection of games, from slots to table games, ensuring that every player can find something they love and have a chance at scoring impressive winnings.