Coinbase Sweepstakes Case Moves Ahead Despite Appeal

By Elise Hansen (April 19, 2022, 8:10 PM EDT) — Cryptocurrency exchange Coinbase can’t pause a lawsuit accusing it of running a misleading dogecoin sweepstakes while it appeals an earlier order in the case, a California federal judge said Tuesday.

U.S. District Judge Sallie Kim declined to pause the case while Coinbase Inc. appeals an earlier ruling that allowed the case to play out in court rather than in arbitration. The appeals court is unlikely to side with Coinbase, and the claims against Coinbase’s co-defendant will have to continue regardless, Judge Kim said.

“Coinbase argues that there is a reasonable probability that the Ninth Circuit will disagree with the court, but…

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