According to a revised emergency request that was filed in federal court, Coinbase users who have filed a lawsuit against the company because of illegitimate cryptocurrency transfers are continuing to withhold information about their accounts and are obstructing attempts to move their lawsuit to arbitral proceedings, a report from Bloomberg Law shows.
As per the documents—which were filed in the United States District Court for the Northern District of Georgia—the plaintiffs have indicated that they are willing to submit the desired information, which may include email addresses, usernames, and Ethereum addresses, in return for a protective order.
Nevertheless, in a request filed with the court on Dec. 27, Coinbase said that it and the users have different opinions over whether a language should be included in the protective order stating that the cryptocurrency exchange hasn’t forfeited its right to arbitrate the issue.
Coinbase has said that it is unable to match plaintiffs to their particular arbitration agreements because it does not have access to the customers’ account information, which has been stalled as a result of the standstill caused by the protective order.
According to what Coinbase said in its first emergency petition that was filed on November 18, the refusal to furnish this fundamental information constitutes an inappropriate effort to undermine the company’s authority to compel arbitration under the Federal Arbitration Act.
Notably, Coinbase has brought a number of other arbitration cases all the way to the United States Supreme Court, where it plans to argue that litigation should be suspended whenever a firm challenges a refusal of compulsory arbitration.
