According to The Block, Crypto.com and Novig have filed a lawsuit against the State of Missouri challenging the state’s actions related to sports event contracts involving cryptocurrency platforms.
The complaint alleges that Missouri authorities took steps affecting certain agreements tied to sports events offered or facilitated by these companies. No details about specific claims beyond the reference to sports event contracts were provided in the source material.
Kalshi, Polymarket, Robinhood and Underdog each received cease-and-desist orders from Missouri but have not filed lawsuits in response, according to court records referenced in the report. These four platforms chose not to pursue legal action against the state at this time.
The move by Crypto.com and Novig marks a formal judicial challenge to Missouri’s approach, while the other named platforms remain outside of litigation related to the matter. No further actions or timelines were mentioned regarding when or how these entities might respond beyond their current decision not to file suits.
