Poloniex new terms effective immediately

[draakon123]

What do you think about new terms?

3. ARBITRATION

"ADDITIONALLY, YOU HEREBY WAIVE YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION."

[Uniter]

That is hilarious. Will such a thing even hold in court?

[devvienuis]

That is hilarious. Will such a thing even hold in court?

Neh

[Slow death]

What do you think about new terms?

3. ARBITRATION

"ADDITIONALLY, YOU HEREBY WAIVE YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION."

I think they did it because of US laws and the events surrounding btc-e, they must have done it as a preventative measure. As if to say:

"We told our customers our terms and they agreed to these terms, with this polo escapes some responsibility"