In a landmark choice, the US Supreme Court docket dominated towards cryptocurrency trade Coinbase in a dispute over a 2021 Dogecoin giveaway.
The unanimous choice by Decide Ketanji Brown Jackson on Thursday acknowledged that the courtroom, not an arbitrator, ought to resolve the place the dispute will probably be resolved.
This case isn’t new to the Supreme Court docket. In reality, beforehand in 2023, Coinbase, Inc. v. It was seen underneath the title Bielsk. At the moment, the courtroom dominated that proceedings within the trial courtroom must be stayed whereas the arbitration problem was thought-about.
The dispute facilities round a raffle occasion, and shoppers declare they had been misled into paying a $100 entry charge.
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