Supreme Court Rules Against Coinbase in Dogecoin Sweepstakes Case

1 min read
Source: Quartz
Supreme Court Rules Against Coinbase in Dogecoin Sweepstakes Case
Photo: Quartz
TL;DR Summary

The Supreme Court ruled against Coinbase in a case involving a Dogecoin sweepstakes, deciding that the court, not an arbitrator, should determine if the dispute belongs in arbitration. This decision led to a 3.5% drop in Coinbase's stock price.

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