{"id":1901882,"date":"2023-03-21T05:27:33","date_gmt":"2023-03-21T09:27:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/supreme-court-takes-up-first-cryptocurrency-case\/"},"modified":"2023-03-21T05:28:31","modified_gmt":"2023-03-21T09:28:31","slug":"supreme-court-takes-up-first-cryptocurrency-case","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/supreme-court-takes-up-first-cryptocurrency-case\/","title":{"rendered":"Supreme Court takes up first cryptocurrency case"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsupreme-court-takes-up-first-cryptocurrency-case%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1901882&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_79352338\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">\n                <meta itemprop=\"name\" content=\"Meet Alvin Bragg, the prosecutor going after Donald Trump\"><br \/>\n                <meta itemprop=\"description\" content=\"Manhattan District Attorney Alvin Bragg found himself in the spotlight well before former President Donald Trump said on Saturday that Bragg\u2019s office had prepared criminal charges for him. Bragg\u2019s progressive approach to criminal justice has for months put him at odds with even some Democrats, thrusting him into the center of a key 2022 midterm election contest and elevating him to a national mascot for liberal law enforcement. But Bragg could soon face an unprecedented level of scrutiny.\"><br \/>\n                <meta itemprop=\"duration\" content=\"PT2M13S\"><br \/>\n                <meta itemprop=\"uploadDate\" content=\"2023-03-20 18:39:39\"><br \/>\n                <meta itemprop=\"thumbnailURL\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/snapshot\/1266116_th_1679337686.jpg\"><br \/>\n                <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1266116.mp4\">\n            <\/div>\n<p>            <script type=\"text\/javascript\">\n                var _bp = _bp || [];\n                _bp.push({\n                    \"div\": \"Brid_79352338\",\n                    \"obj\": {\n                        \"id\": \"27789\",\n                        \"width\": \"16\",\n                        \"height\": \"9\",\n                        \"video\": \"1266116\"\n                    }\n                });\n            <\/script><br \/>\n            <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>\n        <\/div>\n<\/p><\/div>\n<p>The US Supreme Court is hearing its first case related to cryptocurrency today. This has raised the possibility that future cases will be heard concerning digital assets. Despite the rising popularity of this type of currency, there are concerns about fraudulent activity in the industry. However, the current case only concerns procedural issues surrounding two class action lawsuits against crypto exchange Coinbase. The court will decide whether the case can move forward while Coinbase argues that it should move to arbitration. The decision on this case will have implications for how other crypto companies can resolve disputes.<\/p>\n<p>The lawsuits in question involve Abraham Bielski, who wants Coinbase to compensate him for losing $31,000 after giving remote access to his account to a scammer, and class members in <i>Suski v. Coinbase<\/i>, which surrounds a million-dollar sweepstakes event from June 2021. The plaintiffs are alleging that they were misinformed regarding how to enter the sweepstakes.<\/p>\n<p>While the outcome of this case won&#8217;t have broad implications for the broader crypto industry, it does have implications for how similar companies can settle disputes involving class action lawsuits. Arbitration cases are typical for retail businesses with large customer bases in the US, and the same is true for disputes with crypto exchanges.<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court will hear arguments in its first case surrounding cryptocurrencies Tuesday, raising the possibility of justices taking on more cases concerning digital assets in the future. The rise of cryptocurrency, in tandem with recent bankruptcies and fraud in the industry, is prompting legal questions about the speculative digital assets, though the arguments before<\/p>\n","protected":false},"author":1,"featured_media":1901883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[4733,12577,4730,4259],"class_list":["post-1901882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-court","tag-cryptocurrency","tag-supreme","tag-takes"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1901882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1901882"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1901882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1901883"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1901882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1901882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1901882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}