Novig and Crypto.com sue Missouri over prediction market crackdown
- —Suits filed in Missouri's Eastern (Novig) and Western (Crypto.com) district courts
- —Missouri's Sept. 18 letters gave six operators 30 days to stop sports contracts or get licensed
- —Novig says Ludlow Exchange won CFTC contract market status on June 16
- —Crypto.com argues Missouri has only two mobile licenses, both already awarded
Why it matters: The cases deepen a circuit split over federal preemption of prediction markets, a question already heading toward the Supreme Court.
Source: DeFi Rate