Binance Arbitration Clause Faces Legal Rejection: What’s at Stake?

Binance’s attempt to compel arbitration for all claimants in securities lawsuits is facing a legal roadblock, intensifying the already complex situation surrounding the exchange. This comes after Binance users agreed to an arbitration clause in 2019 as part of their Terms of Use, effectively waiving their right to class-action lawsuits in U.S. courts. The core dispute centers around whether post-2019 claims are covered by this specific arbitration clause.