This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

U.S. Supreme Court,
9th U.S. Circuit Court of Appeals

May 24, 2024

Coinbase loses bid to force consumers to arbitrate

The case is an unusual one because it involves two different agreements between consumers.

Coinbase Inc. cannot force four consumers who alleged they were defrauded in a sweepstakes over cryptocurrency into arbitration, the U.S. Supreme Court ruled Thursday.

The case is an unusual one because it involves two different agreements between consumers and Coinbase - one over its user agreement and the second over the sweepstakes.

The user agreement, signed when consumers created their Coinbase accounts, included a provision to arbitrate "a broad set of dispute...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$887 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?