Supreme Court Seems Ready to Punt Arbitration Dispute Involving Cryptocurrency Giant

The Supreme Court seemed inclined to send a dispute involving Coinbase, a major cryptocurrency exchange that wants to force disgruntled customers into private arbitration instead of adjudicating their complaint in the courts, back to lower courts for reconsideration. The customers’ claim that they were duped into paying $100 to enter a sweepstakes they had virtually no chance of winning was examined during oral arguments on Feb. 28 in Coinbase Inc. v. Suski. Companies often prefer arbitration to the courts, saying the process resolves cases with greater speed and reduced expense. Some consumer advocates prefer the courts because, in their view, the judicial system provides consumers with more options and is less likely to side with the companies being sued....