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