TruthSocial, the social media platform founded by Trump, announced that it will allow users to bet on the outcomes of real-world events through the platform. According to the introduction, users can place bets on events in areas such as politics, economics, and sports via the mobile app. U.S. federal regulators have not classified such 'prediction markets' as gambling activities, so related transactions are regulated by the U.S. Commodity Futures Trading Commission (CFTC) rather than state gambling agencies.