U.S. Supreme Court agrees to hear Coinbase arbitration dispute

  • 📰 Reuters
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The U.S. Supreme Court on Friday agreed to hear cryptocurrency exchange Coinbase Global Inc's bid to halt lawsuits the company contends belong in private arbitration, including one by a user suing after a scammer stole from his account.

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/IllustrationDec 9 - The U.S. Supreme Court on Friday agreed to hear cryptocurrency exchange Coinbase Global Inc's

"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. The lawsuits at issue before the Supreme Court include one in California by customer Abraham Bielski, who said he was tricked into giving access to his Coinbase account to a scammer who then stole more than $31,000 from him.

In both cases, judges declined to force Coinbase's customers to pursue their cases in arbitration, as the company claimed their user agreements required.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🤦‍♂️What a waste of the courts time

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ohio Supreme Court: State historical society can take over golf course built on ancient earthworksOhio’s state historical society can use its eminent-domain powers to buy out a lease from a Newark golf course located on a series of ancient Native American earthworks, the Ohio Supreme Court ruled Wednesday. Wow 35 minutes and not a single comment. Must mean NOBODY CARES This article is a bit confusing when reviewing the issues with the buy out price, value and ruling. If I’m understanding correctly there is a possibility of preserving the ancient site. Hope that is the case.
Source: clevelanddotcom - 🏆 301. / 63 Read more »

Supreme Court justices skeptical of unchecked state power over federal electionsSupreme Court justices cast a skeptical eye Wednesday on claims that state legislatures rule in making decisions about federal elections, worrying that it would upend the usual checks and balances. It's a lot better than election control from one centralized location (DHSgov). In Article III, Section 2, the Constitution unequivocally gives the U.S. Supreme Court power over state courts. no quote no thing to support this claim of skepticism?
Source: WashTimes - 🏆 235. / 63 Read more »

Supreme Court Hears Arguments in Case Challenging Election AuthorityThe Supreme Court heard arguments today in a case that challenges regulatory authority over elections. See potential bias and similarities in coverage from CBSNews, nypost, and Reuters:
Source: AllSidesNow - 🏆 572. / 51 Read more »

Supreme Court hears case on limits of state courts to intervene in Congressional map drawingThe Republican-controlled state legislature in North Carolina is asking the U.S. Supreme Court to overrule its state court’s decision to toss the maps it deemed unfair, and replace them with a temporary map.
Source: AKNewsNow - 🏆 460. / 53 Read more »

Op-Ed: The ominous way the Supreme Court could change our electionsIf the Supreme Court were to accept the independent state legislature theory, then no court could invalidate partisan gerrymandering. opinion A disaster unseen with Gerrymandering always in the foreground, and a force of constant ill for our democracy now and in the future. opinion The illegitimate Trump judges must resign.
Source: latimes - 🏆 11. / 82 Read more »