Coinbase Tells 2nd Circ. Only CFTC Oversees Event Contracts

By Rae Ann Varona · October 8, 2026, 10:07 PM EDT

Event contracts that Coinbase offers, including sports event contracts, are swaps over which the Commodity Futures Trading Commission has "exclusive" jurisdiction, the company has urged the Second Circuit to rule, arguing Connecticut's laws...

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Documents

Case Information

Case Title

Coinbase Financial Markets, Inc. v. Tong

Case Number

26-2297

Court

Appellate - 2nd Circuit

Nature of Suit

 

Date Filed

August 17, 2026