Cryptocurrencies
US Supreme Court Refuses to Fast Track Coinbase Arbitration Dispute
- User suits will proceed while Coinbase pursues arbitration
- Crypto exchange platform made emergency request to top court
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The US Supreme Court refused to immediately consider if user suits against Coinbase Global Inc. can proceed at the same time the company seeks to send the disputes to arbitration.
The court denied the cryptocurrency exchange platform’s requests for the justices to intervene in the cases and put proceedings on hold while it fights to settle the litigation out of court.