DEAN
DEAN v. OKCOIN USA INC.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 LESLIE DEAN, Case No. 24-cv-01331-PCP
Plaintiff,
ORDER GRANTING MOTION TO
v. COMPEL ARBITRATION
OKCOIN USA INC., Re: Dkt. No. 16 Defendant.
12 Plaintiff Leslie Dean alleges that defendant OKCoin USA Inc. permitted a fraudulent, unauthorized transfer of funds from his OKCoin cryptocurrency trading account to a third party. OKCoin moves to compel arbitration, arguing that Dean agreed to OKCoin’s Terms of Service containing an arbitration provision when he signed up for the platform. For the reasons that follow, the Court grants OKCoin’s motion. BACKGROUND Dean opened a cryptocurrency trading account with OKCoin in May 2022.1 Dean alleges that shortly after opening his OKCoin account, a series of fraudulent transactions occurred wherein the funds he had placed in his account (totaling $95,000) were withdrawn without his authorization or consent. Dean filed a formal complaint with…