Coinbase, the largest cryptocurrency exchange in the USA, filed an arbitration case with the Supreme Court.
Cryptocurrency exchange Coinbase, Wednesday, February 28 day to the US Supreme Court once again filed an arbitration case. Although the case was not fundamentally about cryptocurrencies, it was of a type that concerned every user and institution that purchased, registered or contracted a product or service.
Arbitration means applying to an arbitrator instead of a court in case of a dispute arising from contracts. Coinbase had filed a similar lawsuit before and managed to win it.
The case they won was an ongoing dispute over whether a case should be submitted to arbitration. in case of objection It involved a trial on whether the case could move forward.
Coinbase’s chief lawyer made a statement on the issue Jessica Ellsworthh made the following remarkable statements:
Lower courts cannot decide who answers questions and cannot discredit them. We think that the court should reverse the decision and resend it.