According to Wu Blockchain, the U.S. District Court for the Eastern District of Michigan ruled on August 6 that Judge Shalina D. Kumar denied Coinbase Financial Markets' preliminary injunction request to block Michigan from regulating sports betting contracts under state gambling laws. The court stated that Coinbase failed to demonstrate a likelihood of success in its claims, describing Coinbase's arguments as, in one word, 'applesauce.' Additionally, the court removed the Michigan Gaming Control Board (MGCB) from the list of defendants. https://(wublock123.com)/news/us-federal-court-denies-coinbase-prevent-sports-betting-contracts-regulation-66076