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Attorney Steve® Blog terms of service call for arbitration of disputes

Posted by Steve Vondran | Jan 24, 2024

Vondran Legal® Crypto Arbitration and Mediation.  Call us at (877) 276-5084.

California crypto dispute attorney


If you have a dispute over crypto or blockchain transactions, their terms of service require you to arbitrate the dispute (unless it is a small claims case).  Here is a look at their terms, notice provision, pre-arbitration provision, and choice of law.

Popular Crypto Products you might find on an exchange

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Tether (USDT)
  4. USD Coin (USDC)
  5. BNB (BNB)
  6. Binance Coin USD (BUSD)
  7. XRP (XRP)
  8. Cardano (ADA)
  9. Solana (SOL)
  10. Dogecoin (DOGE)
  11. Polkadot (DOT)
  12. Dai (DAI)
  13. Polygon (MATIC)
  14. Shiba Inu (SHIB)
  15. TRON (TRX)
  16. Avalanche (AVAX)
  18. Litecoin (LTC)
  19. Stellar (XLM)
  20. Bitcoin Cash (BCH)

NOTE:  This is not investment advice. terms of service

Arbitration of Disputes.

Except for small claims disputes in which you or seeks to bring an individual action in small claims court located in the county of your residence, as determined by the records maintained by for your account, or disputes in which you or seek injunctive or other equitable relief for the alleged unlawful use of intellectual property, you and waive your rights to a jury trial and to have any dispute resolved in court.

These Terms to arbitrate disputes include, but is not limited to, any and all claims for relief and theories of liability between you and, whether based in contract, tort, fraud, negligence, regulation, or ordinance; claims for relief under any state or federal statutes, including, but not limited to, the federal and any state analogs of the Telephone Consumer Protection Act, the Fair Credit reporting Act, Fair and Accurate Credit Transactions Act, and other statutes, including state and federal statutes relating to the collection of personal and/or biometric data; claims for common law fraud, misrepresentation, or any other legal or equitable theory arising out of your relationship with, and/or any interactions between you and 

If there is a final judicial determination that applicable law precludes enforcement of this paragraph's limitations as to a particular claim for relief, then that claim (and only that claim) must be severed from the arbitration and may be brought in court.

16.4 Notice Requirement.

For any dispute or claim that you have against or relating in any way to the Services, you may either proceed directly to arbitration, or you may first contact and attempt to resolve the claim informally by sending a written notice of your claim (“Notice”) to Foris Dax, Inc. by email at [email protected] or by certified mail addressed to 1111 Brickell Avenue, Suite 2725, Miami, Florida 33131.

If you elect to pursue pre-arbitration resolution through the Notice option, the Notice must:

(a) include your name, residence address, email address, and telephone number;

(b) describe the nature and basis of the claim;


(c) set forth the specific relief sought. shall also have the option, but not the requirement, to pursue informal pre-arbitration resolution with you through the Notice process set forth herein. Our notice to you, as and if applicable, will be similar in form to that described above. If you and cannot reach an agreement to resolve the claim through the Notice process, or if you or decide to immediately proceed to arbitration without pursuing pre-arbitration resolution through the Notice process, then either party may submit the dispute to binding arbitration administered by the American Arbitration Association (“AAA”), or, under the limited circumstances set forth above, in court. All disputes submitted to AAA will be resolved through confidential, binding arbitration before one arbitrator. 

Arbitration proceedings will either be held in Miami-Dade County, Florida, or may be conducted telephonically or via video conference, if you agree.

For disputes alleging damages less than $30,000, the dispute will be decided on the basis of the parties' written submissions and no final hearing or in person proceedings will be required absent the consent of both parties. With respect to the disputes of $30,000 or more, AAA shall designate an arbitrator who maintains his or her primary residence in the State of Florida.

The most recent version of the AAA Rules are available on the AAA website and are hereby incorporated by reference. You either acknowledge and agree that you have read and understand the AAA Rules or waive your opportunity to read the AAA Rules and waive any claim that the AAA Rules are unfair or should not apply for any reason.

16.8 Governing Law in Arbitration Proceeding.

The arbitrator shall apply the law of the State of Florida to all substantive issues in the dispute; provided, however, that in the event that the law of the State of Florida shall be deemed unenforceable due to the law of the state in which the customer resides, the arbitrator shall apply the law of the state in which the customer resides.

Notwithstanding anything herein to the contrary, the arbitrator shall apply the laws of the State of Florida and the FAA to interpret and enforce these Terms to arbitrate disputes and each of its provisions, including with regard to any issues over acceptance of these Terms to arbitrate disputes.

Judgment on the award rendered may be entered by any court of competent jurisdiction.

Statute of limitations is SHORT - BEWARE

16.9 Limitations Period.

Any claim arising out of or related to these Terms, an Annex, or the Services must be filed within one (1) year after such claim arose; otherwise, the claim is permanently barred, which means that you and will not have the right to assert the claim.

Contact a California and Arizona crypto dispute law firm

We can be reached at (877) 276-5084 or fill out our contact form.

About the Author

Steve Vondran

Thank you for viewing our blogs, videos and podcasts. As noted, all information on this website is Attorney Advertising. Decisions to hire an attorney should never be based on advertising alone. Any past results discussed herein do not guarantee or predict any future results. All blogs are written by Steve Vondran, Esq. unless otherwise indicated. Our firm handles a wide variety of intellectual property and entertainment law cases from music and video law, Youtube disputes, DMCA litigation, copyright infringement cases involving software licensing disputes (ex. BSA, SIIA, Siemens, Autodesk, Vero, CNC, VB Conversion and others), torrent internet file-sharing (Strike 3 and Malibu Media), California right of publicity, TV Signal Piracy, and many other types of IP, piracy, technology, and social media disputes. Call us at (877) 276-5084. AZ Bar Lic. #025911 CA. Bar Lic. #232337

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