Coinbase and marketing company Marden Kane have agreed to pay a settlement of $2.25 million to settle a class action lawsuit over the 2021 Dogecoin lottery event. The plaintiff accuses Coinbase of not clearly informing users that they can participate for free, which constitutes false advertising. The settlement targets US users who trade at least $100 Dogecoin during the event period and will receive transaction fees and price difference compensation. This event has brought approximately 130 to Coinbase