Woody

Woody v. Coinbase Global, Inc.

Good Law
United States District Court, Northern District of CaliforniaOctober 17, 20233:23-cv-00190California2,338 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 7 DALLAS WOODY, et al., Case No. 23-cv-00190-JD

Plaintiffs,

ORDER RE ARBITRATION

v.

COINBASE GLOBAL, INC., et al., Defendants.

13 In this putative class action, named plaintiffs Dallas Woody and Peter Hrehorovich allege that Coinbase reneged on a promise to deliver “airdrops” of new cryptocurrencies from the Flare blockchain network. Dkt. No. 5. An airdrop is an online transfer of a newly minted digital asset to owners of an existing digital asset. See id. ¶¶ 2, 74. Plaintiffs say that they were entitled to two airdrops, in 2021 and 2023, and that Coinbase’s failure to timely deliver the new coins to their wallets cost them money. See id. ¶ 10. They allege common law and California statutory claims on behalf of a proposed nationwide class of Coinbase customers. Id. ¶ 11. Coinbase asks to send plaintiffs’ claims to arbitration on an individual basis, pursuant to the Federal Arbitration Act and an arbitration provision in Coinbase’s User Agreement. Dkt. …

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.