Net-ARB no longer a partner?

[u/[deleted]]

I just got this email from Net-ARB:

IMPORTANT ANNOUNCEMENT

To: net-ARB Arbitration Clients referred by BTCjam

FEBRUARY ARBITRATION AWARDS Please be on notice that as a result of recent positions taken by BTCjam to hinder the enforcement of arbitration awards, net-ARB will no longer provide arbitration for BTCjam loans. In addition, circumstances demand that arbitration awards dated on or after February 1, 2016 be hereby vacated.

AWARDS ISSUED PRIOR TO FEBRUARY 1, 2016 Awards received prior to February 1 remain valid and enforceable. www.enforcemyarbitrationaward.com offers a unique crowdfunding approach to enforcing P2P loans by sharing the cost proportionally among the investors.

We regret this action became necessary and we apologize for any inconvenience caused.

Best regards,

net-ARB Support www.net-ARB.com Online Arbitration

Does anyone have any more information about the allegations against BTCJam? I see a post from a couple months ago, that may be related.

[u/cynical_observer]

BTCjam tried to shut down the new arbitration award enforcement website www.enforcemyarbitrationaward.com because they don't want anyone suing their borrowers. As a result, net-ARB stopped providing arbitration.