Court takes unusual step of issuing a writ of mandamus to allow eight alleged cryptocurrency theft victims who never agreed to Binance’s terms to pursue their claims in court.

Eight alleged victims of cryptocurrency theft will be allowed to pursue proposed class actions against Binance after a US appeal court overturned an order forcing them into arbitration despite none of them ever having agreed to the exchange’s terms.

In a decision handed down in Miami on Wednesday (19 August), the US Court of Appeals for the Eleventh Circuit granted the claimants a writ of mandamus – an extraordinary remedy available only in exceptional circumstances – and directed a federal judge in Florida to vacate his March order compelling…