While the case against Coinbase will continue, it has received temporary relief from the US Supreme Court, where judges have agreed to an Arbitration with a 5-4 majority. All the company and employee conflicts will now be directed to Arbitration. Simply put, the class-action lawsuit has been shut down in the federal court system temporarily. Reports are emerging saying that there was a setback only when the district court rejected the motion. Specifically speaking, the US district court for the Northern District of California turned down the motion to compel Arbitration. Adding to that is the fact that even the
The U.S. Supreme Court announced Nov. 3 that it will review a contentious case involving cryptocurrency exchange Coinbase and a dispute with its users over a Dogecoin sweepstakes, Bloomberg News reported. At the heart of the matter is Coinbase’s endeavor to shift the dispute with its users from the public…
Key Highlights U.S. judge rules Binance can’t force arbitration, letting customers sue over unregistered token losses in court. Seven tokens, including ELF and EOS, are under scrutiny for undisclosed “significant risks,” reviving a 2022 dismissed case. Binance faces growing U.S. scrutiny as Senator Blumenthal questions links to sanctioned entities and…
Tron founder Justin Sun has declared that his high-stakes legal battle with World Liberty Financial (WLFI) has evolved far beyond a commercial dispute over $45 million and roughly 4 billion frozen tokens, positioning it as a defining fight for the very principle blockchain was built on: true, permissionless ownership. In…