Coinbase Prediction Market Contract Expiration Leaves Users Hanging

Coinbase's prediction market for sports events allows users to bet on various outcomes. In one such event, Golden State was predicted against Portland. The contract expired on September 23, 2026, but did not have a clear outcome before the expiration date. This contract had a total of $1.6 million and an interest of $675,048.26.

Trading in this market was prohibited for various groups including current players, coaches, and staff of the league or organization governing the event. Also restricted were paid employees of the league and participants, owners of teams, and their household members and immediate family.