Judge Tosses Suit Against Digital Currency Company Over $1M In Lost Wallet Funds

( February 13, 2025, 1:40 PM EST) -- BOSTON — A Massachusetts federal judge on Feb. 12 dismissed a Texas-based company’s suit seeking to replace $1 million of a digital asset that was mistakenly transferred to an inaccessible account, finding that the digital currency company “is not obligated to redeem” the missing currency due to the Texas company’s failure to plead conditions that would allow it to redeem the digital currency....