The social platform Truth Social, owned by Trump Media & Technology Group (TMTG) and founded by Donald Trump, announced it will roll out a new feature called “Truth Predict” that allows users to purchase contracts on the outcomes of real-world events  from US elections to interest rate decisions, commodity prices, and major sports league results. The move is made in partnership with Crypto.com’s U.S. derivatives arm, enabling users to place these predictions via cryptocurrencies on a platform registered with the Commodity Futures Trading Commission (CFTC). 

While TMTG describes the launch as a way to “democratise information” and empower users, the timing comes as the prediction market industry is rapidly growing but also facing regulatory and ethical questions. Experts highlight that although these “prediction contracts” are distinct from traditional gambling because of CFTC oversight, they still carry risks  especially regarding younger users, financial exposure and potential conflicts of interest, given the Trump family’s existing ties in the crypto and prediction-market space.