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Texas judge dismisses class action lawsuit against DeFi project Bancor, ruling it is not subject to U.S. jurisdiction
09-10 07:48
Odaily News A federal judge in Texas dismissed a securities class action lawsuit against the operator of the DeFi project Bancor Protocol. Judge Robert Pittman agreed with the judge, ruling that the plaintiffs failed to prove that the U.S. court had jurisdiction over the foreign defendants. The ruling indicated that Bancor's foreign operations were not subject to U.S. securities laws and that the plaintiffs could not sue Bancor in the United States for its suspended investment protection features. The judge also noted that Bancor and its founders did not have sufficient ties to the United States and suggested that the plaintiffs could sue in Israeli courts.
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USDe's market capitalization has risen to $9.293 billion, an increase of more than 75% in the past month.
The median length of time players hold tokens in on-chain PvP is getting shorter and shorter, currently only about 60 seconds.
Lido Co-founder: Decided to reduce the size of the contributor team, affecting approximately 15% of employees
Cardano to allocate over $71 million to advance protocol upgrade
Metaplanet purchased approximately $53.7 million worth of Bitcoin, bringing its total purchases to approximately $1.78 billion.
Fluid’s 24-hour trading volume on Ethereum mainnet surpasses Uniswap for the first time