Coinbase wins a lawsuit in the U.S. Supreme Court

ChainCatcher news, according to Bloomberg, Coinbase has won a lawsuit in the U.S. Supreme Court. The news did not specify the details of the case but stated that the ruling enhances the company's ability to submit customer and employee disputes to arbitration. It also mentioned that business groups united in support of Coinbase in this case, arguing that allowing the lawsuit to proceed would incur unnecessary costs. Consumer rights advocates stated that judges should have the authority to decide which claims should be heard during the appeals process, just as courts do in other areas of law.

There was a misconception that this case was related to the previous lawsuit filed by the U.S. Securities and Exchange Commission against the cryptocurrency exchange Coinbase in a New York federal court, as Coinbase's stock (COIN) rose to an intraday high before retreating. (Source link)