Coinbase Lawsuits: Litigation Tracker

Last updated November 8, 2026. Snapshot, not legal advice.

Cases

10

Pending

6

Pro-market

1

Anti-market

2

Resolved

1

Summary

Coinbase is a party to 10 cases of the 90 on this tracker, involving 9 states.

CTILKYMDMINVNYOHWI

Restricted (2)

  • Coinbase Financial Markets, Inc. v. Nessel

    No. 4:25-cv-14092 · No. 26-1693

    Injunction denied; on appeal (6th Cir.)6th Cir.; E.D. Mich. (Judge Kumar) belowMI

    Judge Kumar denied Coinbase Financial Markets a preliminary injunction (August 2026), completing a four-for-four sweep for Michigan across two federal districts.Checked Nov 8, 2026

  • Coinbase Financial Markets, Inc. v. Tong

    No. 3:25-cv-02121 · No. 26-2297

    Injunction denied; Second Circuit also denied an injunction pending appeal; merits appeal pending2d Cir.; D. Conn. (Judge Oliver) belowCT

    The Second Circuit denied Coinbase’s motion for an injunction pending appeal on November 3, 2026, right after argument, in a one-paragraph order that also covered Kalshi’s Connecticut and New York motions. The merits appeal continues.Checked Nov 8, 2026

Blocked for Market (2)

  • Coinbase Financial Markets, Inc. v. Raoul

    No. 1:25-cv-15406

    Preliminary injunction entered; Illinois has appealed (7th Cir.)N.D. Ill. (Judge Pacold)IL

    Ten months after it sued, Coinbase has a preliminary injunction. Judge Pacold entered it on October 30, 2026, barring Illinois from enforcing its licensing law, fees, taxes and related criminal provisions against swaps, including sports event contracts, available through CFTC-regulated exchanges and brokers. Illinois appealed the same day.Checked Nov 8, 2026

  • Coinbase Financial Markets, Inc. v. Ford

    No. 2:26-cv-00256

    Dismissed without prejudice on abstention — no merits rulingD. Nev. (Judge Silva)NV

    Judge Silva dismissed the complaint without prejudice three days after filing (February 2026) on Younger abstention and, alternatively, the Anti-Injunction Act — expressly without reaching the merits.Checked Nov 8, 2026

Pending (6)

  • Ohio Casino Control Commission cease-and-desist letters (October 2026)

    Deadline passed; Polymarket US and Underdog suing, Robinhood agreed to stopOhio Casino Control Commission — administrative (no court proceeding)OH

    Also named: Polymarket, Robinhood, Novig, Gemini, Webull, Underdog, ProphetX

    Ohio’s Casino Control Commission ordered ten platforms and brokers to stop offering sports event contracts in Ohio and confirm compliance within fourteen days, citing the Sixth Circuit’s decision (October 2, 2026).Checked Nov 8, 2026

  • Connecticut cease-and-desist orders to nine platforms (September 2026)

    Orders issued; three platforms reported to have withdrawn, one suedConnecticut Department of Consumer Protection — administrativeCT

    Also named: Polymarket, Robinhood, Crypto.com, Novig, Gemini, Webull, Underdog, ProphetX

    Connecticut ordered nine more platforms to stop offering sports event contracts (September 10, 2026). By early October state officials had told reporters that ProphetX, Gemini and Webull had withdrawn from the state, and Underdog had sued.Checked Nov 8, 2026

  • Mayor and City Council of Baltimore v. Kalshi

    No. C-24-CV-26-005532 · No. 1:26-cv-03217

    Stayed by agreement; remand motion pendingCircuit Court for Baltimore CityMD

    Also named: Kalshi, Robinhood, Webull

    Baltimore sued Kalshi and three brokerage distributors under the city’s Consumer Protection Ordinance — the first municipal action of the fight.Checked Nov 8, 2026

  • People of the State of New York v. Coinbase Financial Markets, Inc.

    No. 451604/2026 · No. 1:26-cv-03300

    Removed; remand motion briefed and undecidedS.D.N.Y. (Judge Schofield); commenced in NY County Supreme CourtNY

    Coinbase removed New York’s state-court enforcement petition to federal court (April 2026); the state’s remand motion has been fully briefed since June 2026 and is undecided.Checked Nov 8, 2026

  • Kentucky enforcement actions v. Kalshi & others (Franklin Circuit Court)

    No. 26-CI-00689 · No. 26-CI-00696 · No. 3:26-cv-00048 · No. 3:26-cv-00047

    Remand recommended in both removed actions; district judges have not ruledE.D. Ky. (Judge Wier); removed from Franklin Circuit CourtKY

    Also named: Kalshi, Polymarket, Robinhood, Webull

    Kentucky’s AG sued Kalshi, Polymarket, and distribution partners (June 2026), plus an excise tax; the CFTC then sued the state.Checked Nov 8, 2026

  • State of Wisconsin v. Kalshi, Inc.

    No. 26-CV-1284 · No. 3:26-cv-00378

    Remand and state injunction motions pendingWisconsin state courtWI

    Also named: Kalshi, Robinhood

    Wisconsin sued Kalshi, Polymarket US and Crypto.com in three parallel actions on April 24, 2026, prompting the federal countersuit against the state.Checked Nov 8, 2026

What Changed

November 2026

October 2026

12 more changes

September 2026

August 2026

March 2026

  • Correction

    Coinbase Financial Markets, Inc. v. Ford

    Our Coinbase/Nevada entry stopped at the federal dismissal. The Carson City court granted Nevada a preliminary injunction on March 26 barring Coinbase’s sports, election and entertainment contracts, and rejected CFTC exclusivity. Also corrected the state case number to 26 OC 00030 1B.

    Nevada Gaming Control Board — order
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This page is informational, not legal advice. Nearly every entry is a preliminary ruling under appeal. Always verify a platform's current, location-specific eligibility directly with the venue before relying on this page.