TechFlow reports, according to Jinshi Data, that on Friday, the U.S. Supreme Court ruled in favor of Coinbase in an arbitration dispute, strengthening the company's ability to compel customers and employees into arbitration. The justices voted 5-4 to determine that lawsuits filed in federal court must be paused while Coinbase appeals and moves the case into arbitration. Justice Kavanaugh, who supported the ruling, stated that allowing district courts to proceed with cases during an ongoing appeal would diminish the benefits of arbitration. Business groups backed Coinbase in this case, arguing that permitting litigation to continue would incur unnecessary costs. Over the past two decades, the U.S. Supreme Court has strengthened companies' power to enforce arbitration clauses against consumers and employees. These rulings cite the Federal Arbitration Act of 1925, which mandates that courts enforce arbitration agreements just as they would any other contract. Arbitration is less expensive and provides defendants with key procedural advantages.
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