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TLDR: Federal judge dismissed class-action lawsuit against Atomic Wallet due to lack of jurisdiction Court ruled insufficient connection between Atomic Wallet and Colorado Plaintiffs argued app availability and ads in Colorado established jurisdiction Judge rejected arguments, citing digital nature of products Plaintiffs given 21 days to strengthen case against shareholder Ilia Brusov A federal judge […]
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Atomic Wallet Lawsuit Dismissed: Federal Judge Cites Lack of Jurisdiction in $100M Hack Case
TLDR: Federal judge dismissed class-action lawsuit against Atomic Wallet due to lack of jurisdiction Court ruled insufficient connection between Atomic Wallet and Colorado Plaintiffs argued app availability and ads in Colorado established jurisdiction Judge rejected arguments, citing digital nature of products Plaintiffs given 21 days to strengthen case against shareholder Ilia Brusov A federal judge