Posted 11/3/2023, 8:58:06 PM
Coinbase Sued for Allegedly Misleading Users About Dogecoin Sweepstakes Rules to Drive Trading Volume
- Lawsuit alleges Coinbase misled users about requirements to enter 2021 Dogecoin sweepstakes promotion
- Users claim Coinbase obscured fact there was a free mail-in entry method without $100 trade fee
- Lawsuit argues Coinbase did this to drive trading volume for new Dogecoin listing
- Federal judge denies Coinbase motion to force arbitration, allowing case to proceed in court
- U.S. Supreme Court will review decision, marking 2nd Coinbase arbitration case to reach high court