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Crypto.com and Novig sue Missouri to block sports prediction market crackdown, Crypto News reports
- Crypto.com and Novig sue Missouri to block sports prediction market crackdown, Crypto News reports — Crypto.com and Novig have sued Missouri over its sports prediction market crackdown, with Novig filing through its CFTC-regulated Ludlow Exchange in the Eastern District of Missouri on October 16. The case, Ludlow Exchange LLC v. Hanaway et al., seeks preliminary and permanent injunctions and argues federal commodities regulation takes precedence over state gambling requirements for contracts traded on a CFTC-designated exchange. (Crypto News)
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