Operator v. state
North American Derivatives Exchange, Inc. v. Brown
U.S. District Court for the District of Utah, 2:26-cv-01056
Pending
Cite this page
Bluebook
North American Derivatives Exchange, Inc. v. Brown, Prediction Market Laws (last updated Oct. 28, 2026), https://predictionmarketlaws.com/lawsuits/nadex-v-brown-dutah.
APA
Prediction Market Laws. (2026, October 28). North American Derivatives Exchange, Inc. v. Brown. https://predictionmarketlaws.com/lawsuits/nadex-v-brown-dutah
Complaint filed Oct. 26, 2026; assigned to Judge David Barlow. No ruling as of Oct. 28, 2026.
The question
Whether federal commodities law preempts Utah's gambling laws as applied to contracts on Crypto.com's CFTC-registered exchange.
Crypto.com's exchange, which trades as OG.com Prediction Markets, asks the court to block Utah's attorney general from enforcing state gambling law against it, arguing express, field and conflict preemption.
Docket timeline
The exchange files suit against the attorney general and three deputies.
Source: rg.org