Supreme Court rules in favor of Coinbase in arbitration clash

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The 5-4 decision overturned a lower court's ruling involving a user who sued after a scammer stole money from his account.

Global’s efforts to stop customer lawsuits while appealing to move the proceedings out of courts and into private arbitration.

Coinbase CEO Brian Armstrong speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.

 

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