Any indirect benefits Plaintiff received did not arise from the contract, but from the regulatory scheme under which [Coinbase] operates." Eleventh Circuit On appeal, the Eleventh Circuit affirmed the district court's decision, indicating that Coinbase's arbitration clause was narrow in scope because it only compelled arbitration of claims "arising under" the agreement, rather than also subjecting claims "related to" the agreement to arbitration. Furthermore, the Eleventh Circuit repeated that a significant relationship between a claim and an agreement "does not necessarily exist merely because the parties in the dispute have a contractual relationship" even where "the dispute would not have arisen but for the existence of the contract and consequent relationship between the parties."