U.S. Supreme Court Rules For Coinbase In Its Bid To Halt Court Proceedings As Company Seeks To Move Customer Litigation Into Arbitration
Portfolio Pulse from Benzinga Newsdesk
The U.S. Supreme Court ruled in favor of Coinbase, allowing the company to halt court proceedings and move customer litigation into arbitration.
June 23, 2023 | 2:13 pm
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Coinbase wins U.S. Supreme Court ruling, allowing it to halt court proceedings and move customer litigation into arbitration.
The U.S. Supreme Court ruling in favor of Coinbase is a positive development for the company, as it allows them to move customer litigation into arbitration, which is generally considered more favorable for businesses. This could potentially reduce legal costs and improve the company's reputation.
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