Judge rejects Coinbase bid to block enforcement in key U.S. state

Michigan Federal Judge Denies Coinbase Bid to Block State Enforcement on Sports Event Contracts

U.S. District Judge Shalina Kumar rejected Coinbase's preliminary injunction request to prevent Michigan from enforcing gambling laws against its sports event prediction contracts, dismissing the company's arguments as 'applesauce.' The ruling follows Coinbase's December 2025 lawsuit seeking to establish federal jurisdiction over prediction markets.