US Supreme Court halts Coinbase cases in its first crypto ruling By Cointelegraph

The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase (NASDAQ:) on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases.

Plaintiffs in the class-action lawsuits alleged Coinbase failed to provide proper relief after users lost money and that Coinbase allegedly engaged in deceptive advertising.