A dated guide to Crypto.com sports and events contracts seen from Wisconsin: the state lawsuit, what may remain through the federally regulated exchange, and how to check your own eligibility. Information, not advice.
Last reviewed 16 January 2026 · Status as of January 2026 · Information, not legal advice
Crypto.com offers event contracts in the United States through Crypto.com Derivatives North America, registered with the Commodity Futures Trading Commission. On 23 April 2026 the Wisconsin Department of Justice sued Crypto.com along with several other venues, arguing that sports event contracts offered to Wisconsin residents are unlicensed sports betting that violates state law and amount to a public nuisance. The case was pending as of January 2026, and federal courts elsewhere have split on whether state gaming law reaches these contracts, so the question is genuinely unsettled rather than decided.
As of January 2026 the position in Wisconsin is disputed and before the courts. On 23 April 2026 the Wisconsin Department of Justice sued Crypto.com and other venues, arguing that sports event contracts offered to residents are unlicensed sports betting under Wisconsin Statute section 945.03(1m) and a public nuisance. The case is pending. Event contracts on subjects other than sports may remain available through the federally regulated exchange. Confirm the current position before you act.
Wisconsin has moved from posture to litigation. On 23 April 2026 the Wisconsin Department of Justice filed suit naming Crypto.com, identifying the operating entities Foris Dax Markets and the North American Derivatives Exchange that Crypto.com runs its event contracts through, alongside other prediction market venues including Kalshi, Polymarket, Robinhood and Coinbase, as reported by the Wisconsin Examiner and The Block.
The state's argument is that a sports event contract is a sports bet by another name. The complaint asks a court to declare that offering sports related event contracts to in state customers violates Wisconsin Statute section 945.03(1m) and constitutes a public nuisance, and points to the fee the venues collect on trades as evidence of revenue earned from Wisconsin residents. The platforms argue the contracts are federally regulated derivatives that sit outside state gaming law. As of January 2026 a court had not resolved that dispute, and rulings in other states have gone both ways, so the outcome is open.
For a reader in Wisconsin the sensible reading is caution on sports. Sports event contracts are the subject of active litigation here and should not be treated as cleanly legal while that case is live. Event contracts on subjects other than sports, offered through the federally regulated exchange, may still be available to verified residents, because the state action targets sports. Availability differs by product and can change with the litigation, so check the current position on the platform and read our Wisconsin legality guide before you act.
Availability is indicative and individual states may restrict specific products, sports event contracts in particular, and some are the subject of active litigation in Wisconsin. Scores are illustrative editorial examples. Confirm the current position before acting.
A clear regulator does not make any contract safe to over trade. Prediction markets and event contracts can lose you money. Trade only what you can afford to lose, never to chase a loss, and never with borrowed money. If it stops feeling like a choice, step back. In the United States you can call or text 1-800-GAMBLER or visit ncpgambling.org. You must be 18+ or the legal age in your region.
The position is disputed and before the courts as of January 2026. On 23 April 2026 the Wisconsin Department of Justice sued Crypto.com and other venues, calling sports event contracts illegal sports betting. The platforms argue they are federally regulated derivatives. No final ruling had been reached, so confirm the current position before relying on it.
Filed on 23 April 2026, the suit asks a court to declare that offering sports related event contracts to Wisconsin residents violates Wisconsin Statute section 945.03(1m) and is a public nuisance. It named Crypto.com, through the entities Foris Dax Markets and the North American Derivatives Exchange, alongside Kalshi, Polymarket, Robinhood and Coinbase.
Possibly. Crypto.com Derivatives North America is registered with the Commodity Futures Trading Commission, and event contracts on subjects other than sports may remain available to eligible Wisconsin residents, since the lawsuit targets sports. Availability differs by product, so confirm the specific market is offered to residents.
No. As of January 2026 the lawsuit was pending and no final ruling had been issued. Federal courts in other states have split on whether state gaming law applies to event contracts, so the outcome here is genuinely uncertain. We update this page as the case develops.
Confirm the current position on the Crypto.com platform, since availability can change and differs by product. Check that the specific contract you want is offered to Wisconsin residents, verify your age and identity, and read our Wisconsin legality guide and Crypto.com profile for context before acting.
The position above rests on the federal framework, the Wisconsin Department of Justice lawsuit filed in April 2026, and Crypto.com's own product availability. Confirm it yourself before you act, because the rules change.
Status as of January 2026. General information, not legal advice.