Trump Loses Critical Court Battle
Bloomberg Law
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The Detrimental Effect of Arbitration Clauses on Coinbase
Most companies have arbitration clauses in their user agreements. These are universal among financial services companies and crypto related businesses. The purpose of the arbitration clauses is to put these cases into a forum that's supposed to be less expensive than court litigation, less burdensome and quicker. Coinbase says they really lose the benefit of these arbitration clauses because now they're forced to incur expenses.
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