Stephen Piepgrass, leader of Troutman Pepper Locke’s Regulatory Investigations, Strategy + Enforcement Practice Group, was quoted in the May 2, 2026 DeFi Rate article, “Markets Favor El-Sayed in Michigan Democratic Senate Primary as Polls Stay Split.”

  • “It’s one of the fundamental draws of prediction markets; to be able to better predict matters of public significance,” said Stephen Piepgrass, a partner at Trout Pepper Locke. “It’s hard to find something with more public significance than elections.”