U.S. Supreme Court Agrees to Hear Coinbase Arbitration Dispute

The U.S. Supreme Court on Friday agreed to hear cryptocurrency exchange Coinbase Global Inc’s (COIN.O) bid to halt lawsuits the company contends belong in private arbitration, including one by a user suing after a scammer stole from his account.

The justices agreed to consider whether two proposed class actions by customers suing Coinbase could move forward while the company appeals judges’ rulings declining to force its users to arbitrate their claims.

“We are gratified the Supreme Court agreed to hear our appeal, and we look forward to its resolution of this matter,” Neal Katyal, a lawyer for Coinbase, said in a statement…

Read the complete story here.

Featured Arbitrators

ad
View all

Read these next

Category

Arbitration Tips-N-Tools (TNT): Round 3

In this round of Arbitration Tips-N-Tools, Professor Amy Schmitz asks some of the leading arbitration practitioners about obtaining discovery in arbitration, especially in a digital world and faced with the...

By George Friedman, Theo Cheng, Daniel Urbas, DeAndra Roaché, Amy Schmitz
Category

The U.S. Supreme Court Finally Will Review (and May Bury) PAGA’s Anti-Arbitration Rule

This article was first published on Proskauer Blog, here. While the California Supreme Court has repeatedly upheld arbitration agreements with class action waivers (as they must under the Federal Arbitration...

By Anthony J. Oncidi, Philippe A. Lebel
Category

Servotronics on Certiorari Petition: “Never Mind!” But Badgerow Oral Argument is Now Set

This article first appeared on Securities Arbitration Alert, here. Just a month out from oral argument, Servotronics has notified the Court that it is dismissing its Certiorari Petition. That leaves Badgerow v. Walters, No....

By George Friedman

Find an Arbitrator

X
X
X