Operator v. state
QCX LLC v. James
U.S. District Court for the Southern District of New York, 1:26-cv-08345
Pending
Complaint filed Sept. 24, 2026. On Sept. 30, 2026 the court ordered a joint letter on a stay or status conference; no stay, PI ruling or merits ruling found as of Oct. 21, 2026.
The question
Whether the Commodity Exchange Act preempts New York gambling or sports-wagering law as applied to event contracts listed on a CFTC-designated contract market.
Polymarket US asked the court to declare New York's gambling laws preempted as applied to its exchange. The case is before the same judge as the state's petition against the company.
Docket timeline
Court orders a joint letter.
Source: defirate.com
Complaint filed.
Source: dockets.justia.com