Coinbase (COIN) loses Supreme Court case over Dogecoin dispute

May 23, 2024 10:09 AM EDT
(Updated - May 23, 2024 10:16 AM EDT)

Coinbase (NASDAQ: COIN) loses Supreme Court case over Dogecoin dispute

  • The US Supreme Court ruled against Coinbase in a 2021 dispute over Dogecoin sweepstakes.
  • The Justices unanimously ruled that a court, not arbitrator, should decide where the dispute belongs.
  • The Supreme Court previously ruled the trial should be kept on hold until the arbitration question is being deliberated.


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