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Coinbase Financial Markets, Inc. v. Raoul, et al
Case Number:
1:25-cv-15406
Court:
Nature of Suit:
950 Constitutional - State Statute
Judge:
Firms
Companies
Government Agencies
- Agua Caliente Band of Cahuilla Indians
- Cher Ae Heights Indian Community of the Trinidad Rancheria
- Elk Valley Rancheria
- Enterprise Rancheria of Maidu Indians
- Karuk Tribe
- Kickapoo Traditional Tribe of Texas
- Mashantucket Pequot Tribal Nation
- Mescalero Apache Tribe
- Morongo Band of Mission Indians
- Pechanga Band of Indians
- Pueblo of Sandia
- Rincon Band of Luiseno Indians
- Santa Ynez Band of Chumash Mission Indians
- Seminole Tribe of Florida
- Spokane Tribe of Indians
- Sycuan Band of the Kumeyaay Nation
- United South and Eastern Tribes
Sectors & Industries:
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February 24, 2026
Coinbase Asks Judge To Bar Ill. Action Over Event Contracts
Coinbase urged an Illinois federal judge Tuesday to grant an injunction blocking the state's enforcement of its gaming laws against the company's sports-related event contracts offerings, arguing that effort "falls right in the heartland of preempted state laws" and that such transactions can only be regulated by the U.S. Commodity Futures Trading Commission.
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February 03, 2026
Tribes Accuse Coinbase Of Siphoning Ill. Gambling Revenue
The Indian Gaming Association, tribal gambling groups and 23 Native American tribes have urged an Illinois federal judge to toss cryptocurrency exchange Coinbase's suit against the state as it tries to prohibit the company from offering event contracts to consumers as a form of sports betting.
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December 19, 2025
Coinbase Sues 3 States Over Event Contract Regulation
Illinois, Connecticut and Michigan have been sued by cryptocurrency exchange Coinbase over their attempts to regulate the trading platform's prediction market offerings, with the firm arguing that the states are trying to unlawfully apply their gambling laws to federally regulated transactions that are under the jurisdiction of the Commodity Futures Trading Commission.