Solana Labs Denied Arbitration In Token Crypto Fraud Suit
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By Katryna Perera

A California federal judge has denied a motion to compel arbitration in a
suit alleging Solana Labs Inc. and its key investors promoted and sold
Solana cryptocurrency tokens as unregistered securities, saying that Solana
failed to prove that the lead plaintiff agreed to the terms of service that
included an arbitration clause, among other things.

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