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Coinbase Financial Markets, Inc. v. DANA NESSEL, in her official capacity as Attorney General of Michigan et al
Case Number:
2:25-cv-14092
See also:
Court:
Nature of Suit:
950 Constitutional - State Statute
Judge:
District Judge Shalina D. Kumar
Firms
Companies
Sectors & Industries:
-
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.