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December 18, 2025
Coinbase Financial Markets, Inc. v. Raoul, et al
Case Number:
1:25-cv-15406
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Nature of Suit:
950 Constitutional - State Statute
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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
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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.
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