Consumers who entered the June 2021 Dogecoin sweepstakes sponsored by Coinbase and who bought, sold, or traded at least $100 in Dogecoin on the Coinbase platform between June 3 and June 10, 2021, may be eligible to receive a cash payment of approximately $1 to $17 as part of a class action settlement.
Coinbase Inc. has agreed to pay $2,250,000 to resolve allegations that it failed to clearly disclose a free entry option for the sweepstakes, which led some users to pay for entry unnecessarily. The lawsuit, filed against Coinbase and Marden-Kane Inc., alleged violations of California’s False Advertising Law and Unfair Competition Law.
Eligibility Requirements
You may be part of the class if you meet all of the following conditions:
- You opted into the June 2021 Dogecoin sweepstakes sponsored by Coinbase.
- You bought, sold, or traded Dogecoin through the Coinbase website or mobile app, totaling $100 or more (USD), between June 3 and June 10, 2021.
How to Receive a Payment
No action is required to receive a payment. If the court grants final approval of the settlement, payments will be issued automatically:
- If your Coinbase account is still active, the settlement payment will be deposited directly into your account.
- If your Coinbase account is closed or inactive, a check will be mailed to the most recent address Coinbase had on file as of June 17, 2025.
To confirm or update your mailing address, you can contact the settlement administrator:
- Email: info@June2021DogecoinSweepstakesSettlement.com
- Mail: Suski v. Coinbase Settlement, P.O. Box 25191, Santa Ana, CA 92799
Settlement Fund Allocation
The total $2,250,000 settlement will be distributed as follows:
- Settlement administration costs: approximately $96,000
- Attorneys’ fees: up to $750,000
- Attorneys’ litigation expenses: up to $75,000
- Service awards to class representatives: up to $7,000 each, totaling $28,000
- Remaining amount (estimated at $1,315,000) will be distributed to eligible class members
Important Deadlines
- Deadline to opt out of the settlement: October 1, 2025
- Final approval hearing date: November 10, 2025
When Will Payments Be Made?
Payments are expected to be distributed approximately 60 days after the court grants final approval of the settlement and any appeals have been resolved.
Background of the Lawsuit
The lawsuit claimed that Coinbase and Marden-Kane failed to properly inform participants about a free method of entry into the June 2021 Dogecoin sweepstakes. As a result, some users may have paid for entry when they did not need to.
The defendants deny all allegations but agreed to settle in order to avoid the cost and uncertainty of continued litigation.
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