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Supreme Court Refuses to Fast Track Coinbase Arbitration Dispute

Aug. 10, 2022, 8:51 PM

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.

Two federal trial court judges rejected Coinbase’s requests to send the disputes to arbitration.

At issue for the justices was whether those trial proceedings could continue while Coinbase appeals the rulings, or whether they must await a ruling ...