The net betting site Intrade announced late on Sunday that it had halted trading and frozen buyer accounts after the corporate mentioned it had found potential monetary irregularities. The fee additionally stated last year in its filing against the company that Intrade and an affiliate company had filed false annual forms with the company, which had misled authorities over which traders might enter into contracts on the firm’s Web site. In November, Intrade shut its Web site to United States residents when the Commodity Futures Trading Commission filed a civil complaint accusing the company of providing the contracts exterior conventional exchanges and without regulatory approval. It was not clear whether or not the monetary irregularities that prompted Intrade to halt buying and selling were associated to the payments. The strikes followed considerations raised by the company’s auditors over more than $1.5 million funds to Intrade’s founder, John Delaney, and other unnamed third parties. The company’s current executives aren't related to the potential irregularities, the auditors added

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