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Crypto.com, Novig Sue Missouri AG Over Sports Event Contracts

Crypto.com, Novig Sue Missouri AG Over Sports Event Contracts

In this photo illustration, Apps for online prediction market sites are shown on an electronic device on February 25, 2026 in Chicago, Illinois.

(Photo Illustration by Scott Olson/Getty Images)

Crypto.com’s prediction market exchange and Novig have asked federal judges in Missouri to block the state from enforcing its sports wagering laws against their sports event contracts, opening a new front in the fight over who gets to regulate prediction markets.

Both lawsuits were filed Oct. 16, about a month after Attorney General Catherine Hanaway told six operators to stop offering the contracts to Missourians or bring them under state regulation. Novig’s exchange operator, Ludlow Exchange LLC, sued in the U.S. District Court for the Eastern District of Missouri in case No. 4:26-cv-01780. North American Derivatives Exchange Inc., the CFTC-registered exchange behind Crypto.com’s OG…

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