Arbitration is a total clown show. Post your worst fails here.

mmm999mmm

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I just got hit with a delay because the arbitrator is "too busy," but they still cashed my retainer check instantly. It feels like the whole system is designed to drain your bags until you give up. Drop your worst horror stories below so I know I'm not the only one getting played.
 

Alexand0r

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I actually had a pretty bad experience with Coinbase's arbitration process last year when they froze my account over a $5 dispute with a trading partner. Took them months to sort it out, and even then, it was a weird ruling that felt more like a favor to Coinbase than any real resolution.
 

double

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just had the worst experience with a crypto exchange's arbitration process, they sided with the hacker who stole my 10k worth of ETH and now they're refusing to reimburse me, total joke system. same thing happened to a friend who had a dispute with a trader over a failed futures contract, arbitrators just decided in favor of the trader without even considering the evidence. this is why I'm starting to think crypto needs a decentralized arbitration system
 

Raccoon

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I had a trade go horribly wrong on Binance last week, tried to arb a coin that was supposed to be 10% cheaper on Huobi but their books were slower to update. Ended up buying high and selling low, lost a pretty penny on that one. Still shaking my head over that fail, definitely a rookie mistake
 

Fevrals

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I had a ticket open for eight months just to get a copy-pasted bot response. They definitely drag it out on purpose so you rage quit and they keep the funds.
 
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