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

Separating the People from the Problem – Colin Rule and the Rise of Online Dispute Resolution

When the Apple II was released in 1977, it was among the first computers marketed and mass-produced for businesses and individuals alike. Apple would later adopt the slogan “The computer...

By Colin Rule,
Category

Reminder: SCOTUS Hears Two of “Arbitration Final Four” Oral Arguments Next Week

Just a reminder that SCOTUS will be hearing oral arguments next week on two cases involving arbitration. We reported in December that the Supreme Court had granted Certiorari in four cases involving...

By George Friedman
Category

March Madness as SCOTUS Sets “Final Four” Oral Arguments for Last Two Weeks in March

This article first appeared in the Securities Arbitration Alert Blog here. We reported in December that the Supreme Court had granted Certiorari in four cases involving arbitration. The Court has just set...

By George Friedman

Find an Arbitrator