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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...

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