Supreme Court Sides With Crypto Giant Coinbase in Arbitration Dispute

Supreme Court Sides With Crypto Giant Coinbase in Arbitration Dispute
A flipped version of the Coinbase logo reflected in a mobile phone screen in London on Nov. 9, 2021, in a photo illustration. Leon Neal/Illustration/Getty Images
Matthew Vadum
Updated:
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The Supreme Court agreed with cryptocurrency exchange Coinbase on June 23, ruling 5–4 that customer disputes shouldn’t move forward in the lower courts while appellate courts have yet to rule on the company’s request to divert those cases to arbitration panels.

The decision is expected to reinforce the ability of companies to direct customer disputes to the arbitration process, as opposed to the court system.