Alfia

Alfia v. Coinbase Global, Inc.

Good Law
United States District Court, Northern District of CaliforniaJuly 22, 20224:21-cv-08689California2,429 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 ADAM ALFIA, Case No. 21-cv-08689-HSG

Plaintiff, ORDER GRANTING MOTION TO

COMPEL ARBITRATION

v. Re: Dkt. No. 18 COINBASE GLOBAL, INC., Defendant.

12 Pending before the Court is Defendant Coinbase Global, Inc.’s motion to compel arbitration, briefing for which is complete. See Dkt. Nos. 18 (“Mot.”), 22 (“Opp.”), 23 (“Reply”).1 For the reasons detailed below, the Court GRANTS the motion. I. BACKGROUND Plaintiff alleges in this proposed class action that Defendant failed to properly secure his Coinbase account. See generally Dkt. No. 1 (“Compl.”). Plaintiff alleges that an unauthorized purchase of $50,000 in cryptocurrency was made from his Coinbase account and an equivalent amount of money was deducted from his personal banking account without his knowledge or approval. Id. ¶¶ 12-13. Plaintiff asserts that because of Defendant’s conduct, he has suffered significant economic loss, worry, and stress. Id. ¶¶ 26, 30,…

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