Crypto Updates

Coinbase Fails to Dismiss Dogecoin Class Action Suit

Coinbase Law Enforcement Requests

The United States Supreme Court has granted Coinbase’s request to review a lawsuit regarding the company’s arbitration clause with its customers. Coinbase had attempted to move a dispute arising from a 2021 sweepstakes into private arbitration, but a lower court ruled that Coinbase had waived this right. The lawsuit against Coinbase, filed in 2021, accuses the exchange of concealing the fact that users could participate in a $1.2 million Dogecoin giveaway without having to trade $100 of the meme cryptocurrency on its platform. This legal action is separate from the lawsuit against Elon Musk, which alleges price manipulation. Coinbase Faces

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