• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Users sue CoinBase’s winning Dogecoin ad campaign

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Plaintiff claims “deceptive promoting campaign”Cost Coinbase end users hundreds of thousands of bucks.

Users sue CoinBase's winning Dogecoin ad campaign
Users sue CoinBase’s winning Dogecoin ad campaign

A Coinbase consumer filed a class action lawsuit claiming $ five million in damages for an alleged misleading Dogecoin campaign.

Related articles

Dogecoin price prediction 0.1 USD despite a 12% decrease

Dogecoin selling price prediction .one USD regardless of a twelve% lower

January 16, 2024
Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023

In the legal document, plaintiff David Suski claimed he was tricked into trading $ one hundred Dogecoin (DOGE) to enter a $ one.two million Coinbase contest. The document states that Coinbase failed to announce that a man or woman could enter the contest without the need of acquiring $ one hundred of Dogecoin.

On the 1st day Dogecoin was traded on Coinbase, June three, 2021, the organization emailed end users about the lotteries stating “Commerce Doge, Vinci Doge. ” The e-mail has information on how to enter by means of the transaction or if a man or woman visits the “rules and details“who will uncover that you can also import by sending a three × five inch index card to Coinbase. Index cards demand the customer’s identify, handle, e-mail handle, cellphone, and date of birth for import. .

In the document, the plaintiff argues that the prize draw promotion campaign was misleading mainly because any one could enter for cost-free by sending a letter in the card with the expected data. So the alleged publicity of the sweepstakes was made to “deceptive and misleading“for the actor and other consumers to trade Dogecoin one hundred USD in purchase to participate. The document more states that if the announcement had been created clear about the one hundred% cost-free choice, the actor would not have offered Coinbase $ one hundred or paid a transaction charge to invest in Dogecoin, as he presently had one,000 Dogecoins in his organization account. The class action claims:

“The only reason plaintiff proceeded to purchase additional Dogecoins from Coinbase was because the Company led him to believe that doing so was necessary to participate in Coinbase’s $ 1.2 million lottery.”

The lawsuit is in search of damages of in excess of $ five million on behalf of the plaintiff, Suski, as properly as hundreds of thousands of other Coinbase end users.

Synthetic currency 68

Maybe you are interested:

Join the chat group Coinlive Chats Now let us talk about the scorching subjects of the DeFi market place with the Coinlive administrators !!!

.

Tags: campaignCoinBasesDogecoinGeneral Newssueuserswinning
Share76Tweet47

Related Posts

Elon Musk Introduces XChat with New Encryption Features

by shark
June 2, 2025
0

Elon Musk unveils XChat on the X platform, promising Bitcoin-style encryption, raising industry skepticism.

James Wynn Halts Trading After Massive Loss

by shark
June 2, 2025
0

James Wynn, a prominent trader, suspended trading after a high-leverage strategy led from $4 million gains to $100 million, then...

Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly

by shark
June 2, 2025
0

Japan's Metaplanet has acquired 1,088 more Bitcoin for $117.7 million, positioning it among the top ten global holders.

Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak

by shark
June 2, 2025
0

The Bitcoin ETFs experience a net outflow of $157 million, ending six-week inflow streaks, reflecting shifts in investor sentiment due...

Nervos Network’s Force Bridge Compromised in $3M Hack

by shark
June 2, 2025
0

Cyvers Alerts reported a hack on Nervos Network's Force Bridge, compromising over $3 million in assets on June 2, 2025.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Elon Musk Introduces XChat with New Encryption Features
  • James Wynn Halts Trading After Massive Loss
  • Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly
  • Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak
  • Nervos Network’s Force Bridge Compromised in $3M Hack
  • BitoPro Hack: $11.5 Million Lost in Taiwan
  • US Congress Moves to Introduce New Crypto Legislation
  • Singapore’s MAS to Curb Overseas Crypto Activities by 2025
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7