Supreme Court Ruling Against Coinbase in Dogecoin Case Hits Stock
TL;DR Summary
The U.S. Supreme Court ruled unanimously against Coinbase in a case involving a Dogecoin sweepstakes, deciding that a lower court should determine whether the case should be settled in arbitration or through the court system. The ruling does not impact Coinbase's crypto practices or broader crypto regulation.
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- Coinbase Supreme Court Loss Is Cryptocurrency Platform's Own Fault Bloomberg
- Supreme Court rules against Coinbase in dogecoin case, handing consumers a win Axios
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