Supreme Court Rules That a Customer’s Lawsuit Against Coinbase Must Pause

The U.S. Supreme Court has ruled that a lawsuit against Coinbase must pause while the company tries to take the matter to arbitration.

A case brought by a customer against Coinbase was paused by the decision while the cryptocurrency company appeals an earlier court decision in an effort to have it go to arbitration, Bloomberg reported Friday (June 23).

Supporters of Coinbase had argued that letting the case proceed would have caused unnecessary costs, while those of the customer said a judge should decide whether the proceedings continue during the company’s appeal, according to the report.

Read the source article at competitionpolicyinternational.com