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Coinbase Gets US Supreme Court Hearing Over Account-Holder Suit

Dec. 9, 2022, 9:04 PM

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 ...