Pearl
Pearl v. Coinbase Global, Inc.
Opinion
Trial Court Opinion
IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 8 LARRY PEARL, et al., Case No. 22-cv-03561-MMC
Plaintiffs, ORDER GRANTING DEFENDANTS'
MOTION TO DISMISS AND DENYING
v. WITHOUT PREJUDICE MOTION TO
STRIKE
COINBASE GLOBAL, INC., et al.,
Defendants.
Before the Court are defendants’ Coinbase, Inc. (“Coinbase”) and Coinbase Global, Inc.’s (“Coinbase Global”) motion, filed May 9, 2024, “to Dismiss the Second Amended Class Action Complaint” and motion “to Strike Class Allegations,” filed concurrently therewith. On June 10, 2024, plaintiff Larry Pearl (“Pearl”) filed opposition to both motions, to which defendants, on June 24, 2024, replied. Having read and considered the papers respective written submissions, the Court hereby rules as follows.1 BACKGROUND2 Coinbase is “an online marketplace that operates . . . digital asset exchanges” for cryptocurrencies. (See SAC ¶ 36.) One cryptocurrency traded on the platform is …