Supreme Court Rules 9–0 Against Cryptocurrency Exchange Coinbase

Cryptocurrency customers will get their day in court over a $1.2 million sweepstakes.

U.S. Supreme Court Justice Ketanji Brown Jackson poses for an official portrait in Washington on Oct. 7, 2022. Alex Wong/Getty Images

The Supreme Court unanimously ruled against a major cryptocurrency exchange on May 23, finding that a customer dispute over a sweepstakes should remain in the courts, as opposed to going to arbitration.

Coinbase wanted to compel disgruntled customers to participate in private arbitration instead of adjudicating their complaint in the courts.