California Court of Appeal rules for Coinbase in Bitcoin Gold case.

The California Court of Appeal ruled in Coinbase’s favour in the case related to the Bitcoin Gold hard fork.

Сourt document by ForkLog on Scribd

Darrell Archer filed a suit against Coinbase in March 2018. He alleged that the exchange breached the terms of its user agreements because of its stance on the Bitcoin Gold hard fork.

Earlier, Coinbase said they could not support Bitcoin Gold because its developers had not released the code to the public. In the company’s view, this represented ‘a very large security risk’.

Archer, however, argued that the exchange kept the BTG coins it received from the fork for its own benefit. He stated that Coinbase’s refusal to transfer the cryptocurrency violated the user contract and amounted to negligence.

At the time of the fork, the plaintiff held 350 bitcoins on Coinbase.

Archer did not prove the existence of an agreement by which the exchange would be obliged to provide him BTG coins after the hard fork. The court noted that if the plaintiff’s motion were granted, Coinbase would be obliged to support all Bitcoin forks.

In July, a US court equated Coinbase with traditional banking structures.

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