# Crypto.com and Novig Sue Missouri Over Prediction Markets

> Crypto.com and Novig file federal lawsuits against Missouri after state classified sports contracts as gambling.
- Title: Crypto.com and Novig Sue Missouri Over Prediction Markets
- Summary: Crypto.com and Novig file federal lawsuits against Missouri after state classified sports contracts as gambling. Crypto.com and Novig sued Missouri over…
- Keywords: crypto.com, novig, missouri, catherine hanaway, na dex, ludlow exchange, kalshi, polymarket, robinhood, underdog, cftc, eighth us circuit court of appeals
- Source: BigGo Finance — https://finance.biggo.com/news/271106ee-4e87-4cbd-a5db-c19418eed473
- Author: BigGo Finance
- Published: 2026-10-18T21:55:15+00:00
- Read time: 1 min
- Topics: crypto.com, novig, missouri, catherine hanaway, na dex, ludlow exchange, kalshi, polymarket, robinhood, underdog, cftc, eighth us circuit court of appeals
## Crypto.com and Novig file lawsuits
Crypto.com's prediction market exchange NADEX and sports prediction market firm Novig filed federal lawsuits against Missouri authorities who classified sports event contracts as gambling.
## Missouri demands companies stop operations
Missouri Attorney General Catherine Hanaway sent cease-and-desist letters to six companies requiring them to stop operations or obtain state licenses and pay a 10% sports betting tax.
## Companies argue federal law preempts state rules
NADEX claims as a CFTC-registered exchange, federal commodities law must take precedence over state gambling statutes under the Commodity Exchange Act.
## Missouri's sports betting age rule
Missouri requires users to be 21 to access sports betting, but Crypto.com allows users as young as 18 to trade.
## Novig seeks injunction for Kalshi case
Novig filed suit through Ludlow Exchange to maintain operations until Eighth U.S. Circuit Court of Appeals rules on Kalshi's Iowa case.
## Legal split on federal vs state authority
Sixth and Ninth U.S. Circuit Courts ruled against Kalshi, while Third U.S. Circuit Court sided with Kalshi in related cases.
## Outcome could affect prediction markets
If Crypto.com and Novig win, federal regulation preempts state gambling laws; if they lose, other states may adopt similar regulations.
## Key takeaway

Crypto.com and Novig sued Missouri over sports event contracts being classified as gambling, arguing federal commodities law preempts state gambling rules.