In Crypto Litigation, Mandatory Arbitration Agreements May Not Be Immutable

Carlton Fields’ Blockchain task force chair, Justin Wales, co-authored an article explaining a recent Eleventh Circuit decision’s potential impact on cryptocurrency companies. The decision in Leidel v. Coinbase may allow investors to avoid mandatory arbitration clauses by focusing pleadings on the duties a defendant allegedly owes third parties and the public, according to Wales. The move could increase crypto companies’ exposure to costly litigation.

READ: Daily Business Review, “In Crypto Litigations Mandatory Arbitration Agreements May Not Be Immutable”