U.S. Supreme Court: State courts and federal courts have exclusive jurisdiction over disputes related to Coinbase's lottery promotion activities

ChainCatcher news, cryptocurrency exchange Coinbase launches a DOGE lottery promotion where the user agreement's dispute resolution clauses are in conflict. Coinbase prefers arbitration for financial disputes, while users lean towards court intervention, with both options listed in the platform agreement. On May 23, the U.S. Supreme Court ruled that state and federal courts have exclusive jurisdiction over disputes related to the Coinbase lottery promotion.