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Gespa files criminal complaint over FIFA Collect marketplace in Switzerland

Enforcement & compliance

Switzerland's Gespa filed a criminal complaint with prosecutors over FIFA Collect, alleging the NFT marketplace offers unlicensed gambling. The regulator said paid challenges and drops have chance-based outcomes and fall within Swiss definitions of lotteries and sports betting; prosecutors will make the final legal assessment.

The complaint puts the platform’s Swiss gambling status before law enforcement, with potential implications for unlicensed offerings.

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Regulation

Gibraltar reviews ADI Predictstreet after $108m linked-wallet trades

Blockchain analysis reported by The Wall Street Journal found that about $108m of the $167m traded on FIFA prediction market partner ADI Predictstreet through late September came from wallets apparently tied to the company. Gibraltar's gambling commissioner, Andrew Lyman, said a preliminary review found no breach of self-trading rules and no consumer harm. The findings do not prove deliberate manipulation, the report said.

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