Coinbase’s $1.2 Million Dogecoin Sweepstakes Case Is Headed For SCOTUS Review

A recent ruling by a U.S. appeals court said that Coinbase Global Inc cannot force former customers to use private arbitration to settle disputes related to a Dogecoin sweepstakes.

Former Coinbase users filed the lawsuit against the firm, alleging that they were tricked into paying $100 or more to enter a contest in June 2021 to win prizes worth up to $1.2 million in Dogecoin, reports Reuters. 

To create an account with Coinbase, the users signed off on the exchange’s user agreement, which included a provision requiring them to pursue any disputes in arbitration.

Read more at benzinga.com