Judge Stays UCL Class Suit Against Cryptocurrency Exchange Pending Arbitration

(August 3, 2023, 1:32 PM EDT) -- SAN FRANCISCO — A California federal judge on Aug. 2 granted cryptocurrency exchange Coinbase Inc.’s motion to stay and compel arbitration of putative class claims accusing it of violating California’s unfair competition law (UCL) and other statutes by misrepresenting its platform’s ability to protect funds stored by users in their accounts, finding that the plaintiffs all agreed to arbitrate disputes when they created Coinbase accounts....

Attached Documents

Related Sections