Kamath
Kamath v. Coinbase, Inc.
Opinion
trial_court Opinion
1 2 3 4 5 IN THE UNITED STATES DISTRICT COURT 6 FOR THE NORTHERN DISTRICT OF CALIFORNIA 7 8 RESHMA KAMATH, Case No. 23-cv-03533-CRB
9 Plaintiff,
ORDER GRANTING MOTION TO
10 v.
COMPEL ARBITRATION
11 COINBASE, INC., et al., 12 Defendant.
13 Plaintiff Reshma Kamath has sued Defendants Coinbase, Inc. and Wells Fargo 14 Bank, N.A. for damages relating to an allegedly fraudulent transaction whereby a client 15 gave Plaintiff a fraudulent check that Plaintiff deposited into her Wells Fargo bank account 16 and thereafter transferred, via Coinbase,1 to an unknown third party, at the behest of the 17 client—resulting in a loss of $35,0002 worth of Bitcoin. See Compl. Coinbase has moved 18 to compel arbitration and to dismiss under Rule 12(b)(1) of the Federal Rules of Civil 19 Procedure, or, in the alternative, to stay proceedings. See Mot. 20
21 1 Coinbase is an online platform for buying, selling, transferring, and storing cryptocurrency. See 22 Mot. (dkt. 17) at 3. Cryptocurrency “like Bitcoin, . . . is not issued by a government or a central bank; it is created by…