The Circuit Court Just Cracked the Exchange Terms-of-Service Vault
Business
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CryptoFox
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The Eleventh Circuit just handed the plaintiff's bar a master key. Eight alleged theft victims never opened a Binance account. They never clicked "I agree" to its terms of service. Yet their case now proceeds in federal court. The exchange's arbitration clause — that standard firewall in every user agreement — is dead weight here. The chain didn't route through their accounts, but the alleged stolen funds did.
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