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abraham bielski

Coinbase Heads to the Supreme Court in First Crypto Case

Cryptocurrencies and crypto exchanges have gotten all sorts of federal attention in recent years. From the Securities and Exchange Commission to the Department of Justice to the U.S. Senate—many government agencies and lawmakers have begun to weigh in on blockchain business. Now, for the first time, the Supreme Court is getting involved.The highest U.S. Court is hearing arguments in it’s first ever crypto-adjacent case on Tuesday. The case, Coinbase v. Bielski, is not specifically concerned with the classification,…

US Supreme Court agrees to hear Coinbase arbitration dispute

The US Supreme Court agreed to hear cryptocurrency exchange Coinbase Global Inc's bid to halt lawsuits the company contends belong in private arbitration, including one by a user suing after a scammer stole from his account. The justices agreed to consider whether two proposed class actions by customers suing Coinbase could move forward while the company appeals judges' rulings declining to force its users to arbitrate their claims. "We are gratified the Supreme Court agreed to hear our appeal, and we look forward to its…