Legal

Nevada AG secures preliminary injunction halting Crypto.com and Robinhood event contracts

Updated 2h ago

Nevada Attorney General Aaron Ford announced on Wednesday, June 3, 2026, that a court granted a preliminary injunction blocking Crypto.com and Robinhood from offering event contracts to Nevada residents. The two platforms agreed to voluntarily cease offering sports-, election-, and entertainment-related contracts under the order, according to Ford's office. The platforms had previously offered these contracts to Nevada residents. Crypto.com and Robinhood had agreed to stop offering sports event contracts in Nevada in late 2025, per earlier reports. No enforcement action beyond the preliminary injunction was mentioned.

Why this matters?

The preliminary injunction binds two major retail platforms to a state-level ban despite operating under federal CFTC frameworks, giving Nevada's AG office a template to pursue parallel orders against other prediction market operators serving state residents.

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