Nevada judge issues 14-day restraining order against Polymarket, challenging CFTC preemption claims

A Nevada state court has issued a 14-day temporary restraining order preventing onchain prediction market Polymarket, operated by Blockratize, from offering event contracts to residents in the state. The ruling relies on Nevada gambling law, rejects arguments that the Commodity Exchange Act gives the CFTC exclusive authority over such markets, and sets a preliminary injunction hearing for Feb. 11 while the broader legal dispute continues.