Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability to form a class action under the company’s terms.
The exchange said in a May 16 filing to a New York federal court that its terms of service, which it claimed the class group agreed to, has a clause that users agree to arbitrate all claims, along with a clause preventing users from launching class actions against the data-ct-non-breakable=”null” href=”https://cointelegraph.com/explained/crypto-exchanges-explained” title=”null”>crypto exchange.
“The Court should hold that…

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