Re: Fulltilt froze my account with 47 grand in it
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...but if she's done nothing wrong she shouldn't have to pay a dime if FT suddenly decides to take her money.
However, this really isn't unlike a wrongfully accused murderer of having to pay a ton to some lawyer to prove his innocence. So I guess the idea has merit.
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In a sense, the murderer already funds the arbitration through the tax system.
Since there's no taxes in this system, there's probably an opportunity for a site (in a free market world) to charge an extra 0.01% rake (or whatever) to cover the costs of funding such an exercise.
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Just feels really icky to me that she should actually have to pay just to get her money back if she indeed is innocent..l
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In Australia, it is common (most obviously in civil disputes) to have a losing appellant in the court system to pay the costs of the other party - in some cases for the hearing to be held waiting for a deposit or some other mechanism.
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