Supreme Court Seems Ready to Punt Arbitration Dispute Involving Cryptocurrency Giant

Coinbase says its user agreement compels arbitration.
Supreme Court Seems Ready to Punt Arbitration Dispute Involving Cryptocurrency Giant
Associate Justices Sonia Sotomayor, and Neil Gorsuch in the East Conference Room of the Supreme Court in Washington on June 1, 2017. Alex Wong/Getty Images
Matthew Vadum
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The Supreme Court seemed inclined to send a dispute involving Coinbase, a major cryptocurrency exchange that wants to force disgruntled customers into private arbitration instead of adjudicating their complaint in the courts, back to lower courts for reconsideration.

The customers’ claim that they were duped into paying $100 to enter a sweepstakes they had virtually no chance of winning was examined during oral arguments on Feb. 28 in Coinbase Inc. v. Suski.