The 2019 SEC Token Framework Does Not Extend the Statute of Limitation for Token Class Action Lawsuit under Recent SDNY Ruling
By EsqSocial Corporation 26/04/21
In 2020, plaintiffs filed a series of class action lawsuits alleging that a number of digital tokens were actually “securities” and, thus, were illegally issued or traded on exchanges. Accusing a number of issuers and exchanges of violating federal securities laws and state blue sky laws the plaintiffs sought damages in the billions of dollars....
By: Polsinelli