Crypto.com Chief Legal Officer Nick Lundgren has revealed his intentions to resign from the position, having also served as CEO of OG.com, the operator’s independent prediction markets platform originally launched during February 2026.
Lundgren confirmed his intentions as part of a social media post on April 15, stating he has notified Crypto.com CEO Kris Marszalek of his decision to step down from both roles.
“Since joining in 2020, it has been an incredible privilege to help build Crypto.com’s industry-leading regulatory resume from ground zero – securing the most comprehensive sets of licenses and registrations globally, including numerous firsts,” Lundgren said.
“I’m especially proud that Crypto.com was the only major crypto platform to navigate the challenging regulatory environment without facing SEC enforcement action or settlement. Innovation has always been core to Crypto.com, and I’m grateful to have launched the world’s first CFTC-regulated sports prediction market and fastest growing financial service.”
Crypto.com launched the OG.com platform on February 4, offering bettors event contracts registered under the Commodity Futures Trading Commission (CFTC).
OG.com is powered by Crytpo.com and Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse serving as an affiliate of Crypto.com, and includes event contracts on sports, entertainment, finance, politics, culture and entertainment.
At the time of launch, Lundgren stated he was “thrilled to be leading OG and establishing this new era of prediction markets that will include parlays, margin trading and a dynamic social layer.”
Crypto.com previously confirmed OG will be headquartered in the US and initially focused on the US market, but also confirmed plans to expand globally “in the near future.”
Despite the choice to resign from both positions, Lundgren also stated he has “full confidence” in Crypto.com’s legal team, citing the leadership of Group General Counsel Chloe Young.
High Roller formed a definitive agreement with CDNA to introduce an event-based prediction markets offering in the US on April 14, acting as an Introducing Broker registered under the CFTC
