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Judge Won t Revive State Securities Claims Against Bibox

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 - Technology

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 - Technology
mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.

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 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 reminder that the securities laws apply in full force to cryptocurrencies that qualify as securities, and the failure to register cryptocurrencies, as with any other security, may expose crypto-issuers and exchanges to class action claims.

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 reminder that the securities laws apply in full force to cryptocurrencies that qualify as securities, and the failure to register cryptocurrencies, as with any other security, may expose crypto-issuers and exchanges to class action claims.

Sally Lindsay s Posh Sleepover offers glimpse of Ugbrooke House

Sally Lindsay s Posh Sleepover offers glimpse of Ugbrooke House Harriet Johnston For Mailonline © Provided by Daily Mail MailOnline logo Sally Lindsay s Posh Sleepover is offering a rare glimpse inside the 900-year-old Ugbrooke House in Devon, complete with 80 rooms, a private lake and an ancient chapel hidden behind a bookshelf.  The Channel 5 programme, which airs tonight at 7pm, follows the presenter as she visits some of the UK s wealthiest families to learn about their privileged lives and enjoy a tour of their beautiful properties. Tonight s episode will see Sally travel to Devon, where she will stay at the stunning stately home, which is owned by the Honourable Alexander Clifford, 33, the elder son of Lord Clifford of Chudleigh.   

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