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A series of digital-asset products linked to a cryptocurrency mining operation do not count as securities, a Connecticut jury found Monday in what a defense lawyer called a first-of-its-kind verdict.
Grant Cardone (Getty) A legal offensive that attempted to use Grant Cardone’s outsized social media presence against him has failed. U.S. District Judge John F. Walter last week dismissed a lawsuit filed by disgruntled investor Luis Pino in Los Angeles against the real estate crowdfunding guru and his Aventura-based company Cardone Capital. In dismissing the case, Walter concluded that Pino failed to adequately allege that Cardone made material misstatements and omissions about a 15 percent annual rate of return on any investments made to Cardone Capital’s real estate funds; as well as th...