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WASHINGTON, Nov 3 (Reuters) - The U.S. Supreme Court on Friday agreed to hear a dispute over Coinbase's (COIN.O) effort to move a dispute with users of the cryptocurrency exchange out of courts and into private arbitration, which businesses often prefer over litigation.
The justices took up Coinbase's appeal of a lower court's ruling that the trading platform had effectively waived its right to arbitrate a dispute stemming from a 2021 sweepstakes that users later alleged was false advertising.
The justices took up Coinbase's appeal of a lower court's ruling that the trading platform had effectively waived its right to arbitrate a dispute stemming from a 2021 sweepstakes that users later alleged was false advertising.
US Supreme Court takes up Coinbase arbitration dispute
The U.S. Supreme Court on Friday agreed to hear a dispute over Coinbase's effort to move a dispute with users of the cryptocurrency exchange out of courts and into private arbitration, which businesses often prefer over litigation.
www.reuters.com