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Lockhart v. BAM Trading Services Inc. et al
Case Number:
3:22-cv-03461
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 26, 2024
Binance Can Arbitrate Suit Over Terra Stablecoin Collapse
A California federal judge ruled Friday that Binance can arbitrate a proposed class action alleging the company misrepresented the stability of "algorithmic stablecoin" TerraUSD, rejecting the plaintiff's argument he is an "unsophisticated consumer" who could not "clearly and unmistakably" delegate the question of arbitrability to the arbitrator and not the court.
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January 05, 2023
Binance Investor Fights To Keep Terra Suit Out Of Arbitration
An investor who used cryptocurrency exchange Binance to buy TerraUSD, a so-called "algorithmic stablecoin" that has since collapsed, has asked a San Francisco federal judge to keep his proposed class action against Binance and its CEO in court instead of sending them to arbitration.
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June 13, 2022
Binance Hit With Investor Suit Over Terra Stablecoin Collapse
Cryptocurrency exchange Binance was hit with a proposed class action in California federal court on Monday claiming the company misrepresented the stability of "algorithmic stablecoin" TerraUSD and that it failed to protect investors by offering the now-collapsed stablecoin on its platform.