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Fraud Claims Against Token Issuer Dismissed Based on Disclosures to Accredited Investor | Proskauer - Blockchain and the Law

Published: February 11, 2023

The organizers of an initial coin offering (ICO) recently won dismissal of an investor’s fraud claims by establishing that their public risk disclosures negated the investor’s claims of...

Source: jdsupra.com

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New York United States Hester Peirce Kik Interactive Inc Props Inc Wireline Inc Props Network Open Props Props Tokens Props Token Plaintiff Romein Rostami First Amended Complaint Prop Tokens Commissioner Hester Peirce Interactive Inc

Investor Fraud Claims Dismissed - Vimarsana News

Investor Fraud Claims Dismissed

Published: February 10, 2023

Organizers of an initial coin offering won dismissal of an investor’s fraud claims establishing their public risk disclosures negated the investor’s claims of reliance on misstatements. The project was governed by a purchase agreement called Simple Agreement for Future Tokens.

Source: natlawreview.com

Related Topics:

New York United States Hester Peirce Props Inc Wireline Inc Props Network Open Props Props Tokens Props Token Plaintiff Romein Rostami First Amended Complaint Prop Tokens Commissioner Hester Peirce Imple Agreement For Future Tokens Initial Coin Offering Investor Fraud Ostamiv Open Props Ecv Kik Interactive