Coinbase Looks To Arbitrate Claims It Ran Deceptive Contest

By Charlie Innis (October 21, 2021, 7:16 PM EDT) -- Coinbase has asked a California federal judge to send to arbitration traders' claims that the cryptocurrency exchange's marketing for a contest deceived customers, saying the traders agreed to arbitrate such disputes when they signed up to use the platform.

Coinbase filed its motion to compel arbitration Wednesday in the proposed class action that alleges traders were misled into thinking a sweepstakes entry required $100 in trades of a popular crytocurrency, instead of simply sending in an index card with their information.

"Plaintiffs are all Coinbase users who agreed to submit any disputes that they have with Coinbase to binding arbitration," the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!