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Cryptoknowmics 2023-11-04 11:11:23

Coinbase Fails to Dismiss Dogecoin Class Action Suit

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 The post Coinbase Fails to Dismiss Dogecoin Class Action Suit appeared first on Cryptoknowmics-Crypto News and Media Platform .

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