Coinbase Gets US Supreme Court Hearing Over Account-Holder Suit

December 9, 2022, 9:04 PM UTC

The US Supreme Court agreed to consider a Coinbase Global Inc. appeal over a user lawsuit in a case that could bolster the ability of companies to channel customer and employee disputes into arbitration.

The appeal raises a procedural question that the cryptocurrency exchange platform says can be crucially important in arbitration cases. The company is battling claims by Abraham Bielski, who says Coinbase should compensate him for $31,000 he lost after he gave a scammer remote access to his account.

At issue is whether the lawsuit can move forward while Coinbase presses an appeal that seeks to send the ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.