Supreme Court of the United States
Crypto.com's Supreme Court petition in North American Derivatives Exchange v. Nevada
No. 26-344 · 36 pages
Filed
Supreme Court petitionPending
Cite this page
Bluebook
Crypto.com v. Nevada Supreme Court Petition (No. 26-344): The Question and Status, Prediction Market Laws (last updated Nov. 7, 2026), https://predictionmarketlaws.com/documents/scotus-crypto-com-v-nevada-cert-petition.
APA
Prediction Market Laws. (2026, November 7). Crypto.com v. Nevada Supreme Court Petition (No. 26-344): The Question and Status. https://predictionmarketlaws.com/documents/scotus-crypto-com-v-nevada-cert-petition
Crypto.com's U.S. derivatives exchange asks the Supreme Court to reverse the Ninth Circuit's decision for Nevada (No. 25-7187), arguing that the Commodity Exchange Act's plain text covers sports event contracts traded on a federally designated contract market and leaves no room for state regulation.
The question presented
“Whether the CEA preempts state regulation of sports-event contracts traded on a DCM.”
Why the petition says the Court should take the case
- A split. The Third Circuit held that these contracts are swaps and that state regulation is preempted; the Ninth Circuit held the opposite.
- The Ninth Circuit was wrong. The petition points to the special rule that expressly mentions “gaming” contracts and to the CFTC's power to further define “swap,” and says the Ninth Circuit relied improperly on the major-questions doctrine.
- Stakes and vehicle. Conflicting rulings create the patchwork Congress meant to avoid, the questions are purely legal, and the CFTC filed as amicus below.
Where it stands
The response deadline was extended to Nov. 16, 2026. On Nov. 6, 2026 Nevada asked for more time; the docket showed no ruling on that request when we checked.
Where it fits in the case
Crypto.com (NADEX) v. Nevada (Supreme Court petition)Supreme Court of the United States, 26-344
- Ninth Circuit decision under review (No. 25-7187).
- Petition for certiorari filed. This petition
- Petition docketed.
- Clerk grants the respondents' Oct. 7, 2026 motion and extends the response deadline from Oct. 15, 2026 to Nov. 16, 2026 for all respondents.
- The Nevada respondents ask for a further extension of the response deadline; no ruling on the request was shown on the docket as of Nov. 7, 2026.
Read and cite it
Cite the petition
Petition for a Writ of Certiorari, N. Am. Derivatives Exch., Inc. v. Nevada, No. 26-344 (U.S. Sept. 11, 2026).
Cite this summary
Prediction Market Laws, Crypto.com's Supreme Court petition in North American Derivatives Exchange v. Nevada (read Nov. 7, 2026), https://predictionmarketlaws.com/documents/scotus-crypto-com-v-nevada-cert-petition.
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