Chase Says Crypto 'Like Cash' In Bid To Ax Cardholder Suit

By Jon Hill (November 6, 2018, 9:18 PM EST) -- Chase Bank has urged a New York federal judge to dismiss a proposed class action that alleges the bank improperly switched gears on customers earlier this year and started treating their credit-card purchases of cryptocurrency as cash advances without warning, arguing that its cardholder agreements didn't actually change and that cryptocurrency is basically "like cash" anyway....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!