May 5, 2024

Ha Coinbase filed for delusion

A class action lawsuit has been filed against cryptocurrency exchange Coinbase over an allegedly misleading campaign against Dogecoin. Platform userby the name of David Sucki, who has combined the investor preferences, requires a $ 5 million compensation.

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The plaintiff claimed that he was fraudulently lured into the Dogecoin (DOGE) trade for $ 100 to participate in the Coinbase Sweepstakes promotion for $ 1.2 million.

Judging by all, to participate in the lottery, you did not need to buy Dogecoin for $ 100, it could have been done for free. However, Suki states, Coinbase has not shared this due to financial benefits.

Sweepstakes is a competition in which to enjoyare published through the lottery system for users of one of the Coinbase products or services. The Dogecoin Sweepstakes raffle, which was harvested, had prizes worth $ 1.2 million in Dogecoin.

For information about it, the cryptocurrency was sent to the users by e-mail, in which it was also described how it is possible to take part in it.

The complainant will assert that he was misled, because the letter did not indicate that participation in the competition was free. This was mentioned only in the section "Rules and regulations".

The originator prescribes what would be in the lottery's adit was clearly written about the possibility of free participation, he would not have spent $ 100.

“The only reason why the Source tookit is obligatory to buy more Dogecoins on Coinbase, including the fact that the Company ordered him to believe that this is not necessary for participation in the Coinbase lot.

Coinbase launched the Dogecoin Sweepstakes ad on the first day of listing Dogecoin on the platform last month. He brought the price of Dogecoin a 30% jump.

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