---
title: "TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures"
url: https://thecoingazette.com/td-cowen-says-cme-has-the-upper-hand-in-lawsuit-against-cftc-over-crypto-perpetual-futures/
date: 2026-06-19
modified: 2026-06-20
author: "Coin Gazette Editorial"
description: "“We expect CME will seek a preliminary injunction to block perps as the case proceeds,” said TD Cowen’s Jaret Seiberg."
categories:
  - "CFTC"
  - "crypto"
  - "Crypto News"
  - "Defi"
  - "regulation"
tags:
  - "Assets"
  - "block"
  - "CFTC"
  - "CME"
  - "Companies"
  - "Congress"
  - "crypto"
  - "Crypto Ecosystems"
  - "Decentralized Infrastructure"
  - "Defi"
  - "DEXs"
  - "Finance firms"
  - "futures"
  - "Lawsuit"
  - "Markets"
  - "perpetual futures"
  - "Policy"
  - "regulation"
  - "sec"
  - "TradFi banks"
  - "US Policymaking"
  - "web3"
word_count: 20
---

# TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures

“We expect CME will seek a preliminary injunction to block perps as the case proceeds,” said TD Cowen’s Jaret Seiberg.