Operator v. state
North American Derivatives Exchange, Inc. v. Brown
U.S. District Court for the Western District of Washington, 2:26-cv-02579
Pending
Complaint filed July 22, 2026; no ruling found.
The question
Whether the Commodity Exchange Act preempts Washington gambling or sports-wagering law as applied to event contracts listed on a CFTC-designated contract market.
North American Derivatives Exchange, Inc. (Crypto.com's U.S. derivatives exchange, which runs the OG prediction platform) sued Washington officials in federal court seeking declaratory and injunctive relief against application of state gambling law to its event contracts. Trade press tied the filing to the state-court ruling against Kalshi days earlier.
Docket timeline
Complaint filed.
Source: dockets.justia.com