US Supreme Court rules in favor of Coinbase in arbitration dispute

The US Supreme Court has supported Coinbase’s stance on moving customer disputes into private arbitration instead of allowing them to proceed with lawsuits. The 5-4 ruling enables Coinbase to pursue its appeal to move claims out of courts and into arbitration. Justice Brett Kavanaugh, along with four other conservative justices, overturned a lower court’s ruling that permitted a class action lawsuit to move forward while Coinbase contested that the claims belonged in arbitration. Coinbase asserts that claims should be resolved through arbitration due to its user agreement.