Operator v. state
Underdog Exchange DCM, Inc. v. Brown
U.S. District Court for the Western District of Washington, 2:26-cv-03200
Pending
Complaint filed Sept. 8, 2026; no ruling found. Reassigned to Judge Zilly on Sept. 14, 2026 after a recusal (DeFi Rate).
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.
Underdog Exchange DCM, Inc. sued Washington officials in federal court seeking declaratory and injunctive relief against application of state gambling law to its event contracts. It was among five state suits Underdog filed around Sept. 8, 2026, per trade press.
Docket timeline
Complaint filed.
Source: dockets.justia.com