Sweepstakes

Coinbase Settles $2.25 Million Lawsuit After Controversial Dogecoin Sweepstakes Mishap

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San Francisco, California — In a significant resolution to a protracted legal battle, Coinbase has agreed to a $2.25 million settlement regarding allegations tied to its cryptocurrency sweepstakes. The settlement comes after nearly four years of litigation, including a review by the United States Supreme Court. The lawsuit, known as Suski v. Coinbase, Inc., hinged on claims that the cryptocurrency exchange misled participants in its Dogecoin promotion. Launched in June 2021, the sweepstakes aimed to boost trading volume by offering a top prize of $300,000. However, plaintiffs alleged they were required to purchase or sell … Read more

Judge Upholds Elon Musk’s $1M Daily Voter Sweepstakes Amid Allegations of Election Influence

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Harrisburg, PA — A politically charged $1 million daily sweepstakes orchestrated by billionaire Elon Musk has been given the green light to continue in Pennsylvania, according to a recent court ruling. The initiative, led by a political group financially backed by Musk, aims to distribute large sums in several pivotal U.S. states ahead of the 2024 election. Last month, Musk, identified as the wealthiest individual globally, announced this initiative in seven key battleground states that could be decisive in the upcoming U.S. presidential election. Observers have criticized this move as a blatant effort to influence … Read more

Elon Musk PAC’s Lawyer Claims $1 Million Sweepstakes Winner Was Not Randomly Selected, Philadelphia Court Hears

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Philadelphia, PA — In a recent court hearing, a lawyer representing a political action committee (PAC) associated with entrepreneur Elon Musk clarified that a $1 million sweepstakes conducted by the group was not determined by randomness. This revelation came during a detailed examination of the PAC’s promotional practices and funding mechanisms. The PAC, which actively supports various political initiatives aligned with Musk’s business and personal philosophy, used the sweepstakes as a tool to engage potential supporters and increase visibility. However, the contest’s selection process has led to scrutiny by some who questioned its fairness and … Read more