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      Eleventh Circuit vacates order compelling nonsignatories to arbitrate crypto-laundering claims

      On August 19, the U.S. Court of Appeals for the 11th Circuit granted a petition for a writ of mandamus and directed the U.S. District Court for the Southern District of Florida to vacate its order compelling nonsignatory plaintiffs to arbitrate claims, brought on behalf of a putative class, against a cryptocurrency exchange for allegedly violating RICO, various state consumer protection acts, and state tort law....
      By: Orrick, Herrington & Sutcliffe LLP

      Source: JD Supra
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud