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ARTICLE · 19 MAY 2025

Major Crypto Sweepstakes Lawsuit Settlement Announced

Klein Moynihan Turco LLP
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Earlier this week, Coinbase and its sweepstakes administrator agreed to the terms of a class action settlement in the matter of Suski v. Coinbase, Inc.

United StatesTechnology
David O. Klein
David O. Klein
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Earlier this week, Coinbase and its sweepstakes administrator agreed to the terms of a class action settlement in the matter of Suski v. Coinbase, Inc. After nearly four years of litigation, including a trip to the United States Supreme Court, Plaintiffs accepted $2.25 million dollars to settle their crypto sweepstakes lawsuit.

It is important for sweepstakes operators to ensure that their promotions comply with applicable state and federal regulations. As evidenced by Suski, misleading sweepstakes promotions can result in the expenditure of a great deal of time and money in responding to class action lawsuits and/or regulatory action.

The "Dogecoin" Crypto Sweepstakes Lawsuit

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