Loss for Coinbase as SCOTUS Rules Against the U.S. Crypto Exchange

Crypto Currency

On May 23, 2024, CoinDesk reported on the Supreme Court ruling against crypto exchange Coinbase. Elsberg Baker & Maruri partner Rollo Baker spoke with CoinDesk on the decision.

"The decision makes clear that where parties have two agreements, one that calls for arbitration and a later-executed agreement that calls for court resolution, it is not ‘unmistakably’ clear that the parties intended arbitrability to be resolved in arbitration," Baker said.

To read more, please click > https://www.coindesk.com/policy/2024/05/23/us-supreme-court-loss-for-coinbase-leaves-company-with-mixed-record/