Coinbase Financial Markets, Inc. v. Kwame Raoul, et al
Plaintiff: COINBASE FINANCIAL MARKETS, INC.
Defendant: MARCUS D. FRUCHTER, in his official capacity as Administrator of the Illinois Gaming Board, CALEB J. MELAMED, in his official capacity as Member of the Illinois Gaming Board, STEPHEN R. FERRARA, in his official capacity as Member of the Illinois Gaming Board, SEAN BRANNON, in his official capacity as Member of the Illinois Gaming Board, DIONNE R. HAYDEN, in her official capacity as Chairperson of the Illinois Gaming Board and KWAME RAOUL, in his official capacity as Attorney General of Illinois
Case Number: 26-3265
Filed: November 2, 2026
Court: U.S. Court of Appeals, Seventh Circuit
Nature of Suit: Constitutionality of State Statutes
Docket Report

This docket was last retrieved on November 3, 2026. A more recent docket listing may be available from PACER.

Date Filed Document Text
November 3, 2026 Opinion or Order Filing 2 ORDER: The court, on its own motion, orders that these appeals are CONSOLIDATED for purposes of briefing and disposition. The briefing schedule is as follows: Appellants' consolidated brief due on or before 12/14/2026 for Sean Brannon, Stephen R. Ferrara, Marcus D. Fruchter, Dionne R. Hayden, Caleb J. Melamed, Kwame Raoul, J.B. Pritzker and State of Illinois. Appellees' briefs due on or before 01/13/2027 for Coinbase Financial Markets, Inc., Coalition for Fair Markets, Commodity Futures Trading Commission, North American Derivatives Exchange, Inc., United States of America and KalshiEX LLC. Appellants' reply brief, if any, is due on or before 02/03/2027 for Appellants Sean Brannon, Stephen R. Ferrara, Marcus D. Fruchter, Dionne R. Hayden, Caleb J. Melamed, Kwame Raoul, J.B. Pritzker and State of Illinois. A review of the short records reveals that these appeals involve more than one appellee represented by different counsel. Counsel for appellees are encouraged to avoid unnecessary duplication by filing a joint brief or a joint appendix or by adopting parts of a co-appellees brief. Duplicative briefing will be stricken and may result in disciplinary sanctions against counsel. See United States v. Torres, 170 F.3d 749 (7th Cir. 1999); United States v. Ashman, 964 F.2d 596 (7th Cir. 1992). JXK [2] [7567713] [26-3265, 26-3266, 26-3267] (PS) [Entered: 11/03/2026 02:40 PM]
November 2, 2026 Filing 1 Private civil case docketed. Fee paid. Docketing Statement due for Appellants Sean Brannon, Stephen R. Ferrara, Marcus D. Fruchter, Dionne R. Hayden, Caleb J. Melamed and Kwame Raoul by 11/06/2026. Transcript information sheet due by 11/16/2026. Appellants' brief due on or before 12/14/2026 for Sean Brannon, Stephen R. Ferrara, Marcus D. Fruchter, Dionne R. Hayden, Caleb J. Melamed and Kwame Raoul. [1] [7567612] [26-3265] (PS) [Entered: 11/03/2026 11:28 AM]

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Search for this case: Coinbase Financial Markets, Inc. v. Kwame Raoul, et al
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Defendant: MARCUS D. FRUCHTER, in his official capacity as Administrator of the Illinois Gaming Board
Represented By: Darren Bernens Kinkead
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Defendant: CALEB J. MELAMED, in his official capacity as Member of the Illinois Gaming Board
Represented By: Darren Bernens Kinkead
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Defendant: STEPHEN R. FERRARA, in his official capacity as Member of the Illinois Gaming Board
Represented By: Darren Bernens Kinkead
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Defendant: SEAN BRANNON, in his official capacity as Member of the Illinois Gaming Board
Represented By: Darren Bernens Kinkead
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Defendant: DIONNE R. HAYDEN, in her official capacity as Chairperson of the Illinois Gaming Board
Represented By: Darren Bernens Kinkead
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Defendant: KWAME RAOUL, in his official capacity as Attorney General of Illinois
Represented By: Darren Bernens Kinkead
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Plaintiff: COINBASE FINANCIAL MARKETS, INC.
Represented By: Jeffrey B. Wall
Represented By: George D. Sax
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