Crypto Litigation and Regulation Reporter: May 2022 | Quinn Emanuel Urquhart & Sullivan, LLP
In this issue: • Anderson v. Binance, No. 1:20-CV-2803 (ALC), 2022 WL 976824 (S.D.N.Y. Mar. 31, 2022)
Source: jdsupra.com
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SDNY Dismisses Putative Securities Class Action Alleging Sale of Unregistered Cryptocurrency
Advertisement Securities Litigation Update: Southern District of New York Dismisses Putative Securities Class Action Alleging Sale of Unregistered Cryptocurrency, But Risk Remains for Crypto-Issuers and Exchanges Friday, April 23, 2021 In re Bibox Group Holdings Ltd. Securities Litigation, 1 Judge Denise Cote of the U.S. District Court for the Southern District of New York dismissed a putative class action alleging registration violations under securities laws against a cryptocurrenc...
Source: natlawreview.com
Securities Litigation Update: Southern District of New York Dismisses Putative Securities Class Action Alleging Sale of Unregistered Cryptocurrency, But Risk Remains for Crypto-Issuers and Exchanges | Cadwalader, Wickersham & Taft LLP
On April 16, 2021, in In re Bibox Group Holdings Ltd. Securities Litigation, 1 Judge Denise Cote of the U.S. District Court for the Southern District of New York dismissed a putative class action alleging registration violations under securities laws against a cryptocurrency issuer and exchange, holding that the plaintiff lacked standing to assert class claims based on crypto-assets he did not purchase and did not timely file suit. While a win for the defendants, the decision serves as a remin...
Source: jdsupra.com