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Crypto Exchange Dispute — Square terminated my account

Started by frustrated_trader_NC · Mar 6, 2024 · 757 views · 5 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
FT
frustrated_trader_NC OP

I've been trying to resolve this on my own but I'm stuck.

Square terminated my account. I've been dealing with this for about 16 months now and the situation isn't improving.

The amount being held/disputed is approximately $38,975. I have tried contacting their legal department 6 times with no resolution.

Do I have a strong case? What should my next steps be?

DD
desperate_dev_2023

Have you tried reaching out to your state's labor board? They sometimes have free resources or mediation services.

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

Based on what you've described, you likely have a viable claim under state consumer protection laws. The standard is whether a reasonable person would find the conduct unfair or deceptive.

You should consult with a local attorney who handles these cases. Many offer free initial consultations.

HC
HRManager_Chicago

Been there. Here's what I learned.

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

AF
asking_for_friend_freelancer_today

Have you tried reaching out to your state's legal aid society? They sometimes have free resources or mediation services.

AT
anon_trader_NC

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

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