The Supreme Court agreed with cryptocurrency exchange Coinbase on June 23, ruling 5–4 that customer disputes shouldn’t move forward in the lower courts while appellate courts have yet to rule on the company’s request to divert those cases to arbitration panels.
The decision is expected to reinforce the ability of companies to direct customer disputes to the arbitration process, as opposed to the court system.
Coinbase appealed to the Supreme Court because it prefers the arbitration provided for in user agreements to the judicial system, and the U.S. Court of Appeals for the 9th Circuit refused its requests to move class-action lawsuits to arbitration….