Supreme Court Rules Against Coinbase in Dogecoin Sweepstakes Case

Crypto exchange Coinbase has suffered a legal setback as the Supreme Court ruled against it in a dispute concerning its 2021 Dogecoin sweepstakes.



In the case Coinbase, Inc. v. Suski, consumers accused Coinbase of deceptive practices, alleging they were misled into paying $100 or more to enter a sweepstakes for a chance to win up to $1.2 million in Dogecoin (DOGE).



On Thursday, the Supreme Court delivered a unanimous verdict against Coinbase, determining that the dispute should be adjudicated by a court rather than an arbitrator.



Case Background



The lawsuit, spearheaded by David Suski and other entrants, claimed that Coinbase and its sweepstakes management company misled users into believing that a $100 Dogecoin purchase was required to participate. Coinbase sought to enforce an arbitration clause within its user agreement.


First found on: Cryptonews from Coinatory