Ultrinsic Motivator Inc., a website that allows students to gamble on their grades, is under fire from the IU Administration, which is demanding a cease and desist from the website.
Associate General Counsel Beth Cate, an in-house attorney for IU, sent a letter last week to the founder of the website asking to break their connection with IU.
Ultrinsic is a website that encourages students to use their own money to bet on their academic expectations.
These terms violate IU’s policy on prohibiting the sharing of credentials, Cate said.
“Encouraging students to provide Ultrinsic with their credentials promotes violations of University policy by the students, which are punishable under our student code of conduct and threatens the privacy, security and integrity of student records and University computing systems,” she wrote in the letter.