Supreme Court Refuses to Put on Hold Lawsuits Against Crypto Giant Coinbase

The Supreme Court refused emergency applications from Coinbase, a major online cryptocurrency exchange, to stay two class-action lawsuits pending against the company.
Coinbase had asked the court to put two lawsuits filed by former users on hold, arguing that not to do so would cause the company irreparable harm.
The U.S. Court of Appeals for the 9th Circuit also previously turned Coinbase down.
The Supreme Court apparently disagreed with Coinbase, issuing a series of unsigned orders denying the company’s various requests late in the day on Aug. 10. The applications had been presented to Justice Elena Kagan who referred them to the full court. The court provided no reasons for turning down the applications….
Source: The Epoch Times

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