Houghton

FILED

NOT FOR PUBLICATION

OCT 21 2025

UNITED STATES COURT OF APPEALS MOLLY C. DWYER, CLERK

U.S. COURT OF APPEALS

FOR THE NINTH CIRCUIT

AMANDA HOUGHTON; et al., No. 24-7243

Plaintiffs-ctr-defendants- D.C. No. Appellees, 5:22-cv-07781-WHO Northern District of California, v. San Francisco

POLYCHAIN ALCHEMY, LLC; et al., MEMORANDUM*

Defendants-Appellants,

and

COMPOUND DAO,

Defendant,

AH CAPITAL MANAGEMENT, LLC; et al.,

Defendant-ctr-claimants- Appellants.

Appeal from the United States District Court for the Northern District of California William H. Orrick, District Judge, Presiding

* This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3. Argued and Submitted October 8, 2025 San Francisco, California

Before: S.R. THOMAS, NGUYEN, and BRESS Circuit Judges.

AH Capital Management, LLC (“AH Capital”) appeals the district court’s

denial of its motion to compel arbitration. We have jurisdiction pursuant to

9 U.S.C. § 16(a)(1)(B) and 28 U.S.C. § 1291. “We…