Crypto Co. Beats RICO But Not Fraud Claim Over $186M Hack
Crypto Co. Beats RICO But Not Fraud Claim Over $186M Hack <https://www.law360.com/delaware/articles/1820275?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-04-03&read_main=1&nlsidx=0&nlaidx=14> By Katryna Perera A Delaware federal judge has significantly trimmed a proposed class action accusing companies behind a blockchain system that enabled users to transfer crypto of running an illegal money-transmitting business and misrepresenting the system's security measures before a $186 million hack, saying the suit's racketeering, negligence and conversion claims all fail. Order attached | Read full article » <https://www.law360.com/delaware/articles/1820275?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-04-03&read_more=1&nlsidx=0&nlaidx=14> | Save to favorites » <https://www.law360.com/delaware/articles/1820275?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-04-03&read_later=1&nlsidx=0&nlaidx=14>
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Gunnar Larson