By Caroline Simson ( August 26, 2025, 11:09 PM EDT) — A New York federal magistrate judge has ordered that fraud and negligence claims against a venture capital firm over $1 million of an investor’s money that was placed into Israeli fintech firm Vesttoo Ltd., which was later ensnared in a scandal over $4 billion worth of forged letters of credit, go to arbitration in Israel. STL intervened in the case solely so it could compel arbitration….
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