Coinbase's arbitration case reaches U.S. Supreme Court in landmark crypto dispute.
Coinbase has asked the US Supreme Court to prevent customer disputes from advancing in court while appellate courts have yet to rule on its requests to send the matters instead to arbitration. If the plaintiffs prevail, Coinbase and other companies requiring their customers to agree to arbitrate disputes could see more costly, time-consuming, and public litigation. Coinbase argues that it shouldn’t have to defend litigation in district court while it's waiting on an appellate court to rule on objections to override its arbitration mandate. The court is expected to rule in the case by July before the end of its current term.