The U.S. Supreme Court has denied Coinbase's appeal in the Kramer v. Coinbase case, allowing the class action lawsuit to continue in California state court. This decision permits California residents to bypass arbitration and pursue class-wide injunctive relief against Coinbase. The plaintiff, Kramer, seeks an injunction to stop Coinbase from allegedly making misleading statements about its platform's security. Matthew Borden, a partner at BHB, hailed the ruling as a consumer victory, highlighting that class litigation ensures relief for all users, not just individual claimants.