New York court dismisses most LIBRA lawsuit claims over lack of jurisdiction
- —New York court dismissed most claims in the LIBRA and M3M3 case
- —Ruling was based on jurisdiction, not on the allegations themselves
- —Defendants include Hayden Davis and Kelsier
- —Argentina's criminal investigation is still ongoing
Why it matters: The LIBRA case remains a legal risk for memecoin projects and their promoters, and Argentina's probe could bring further claims.
Source: PANews