Judge: Securities Class Claims Against Crypto Firm Barred By Repose Statute

( June 25, 2024, 2:12 PM EDT) -- SAN FRANCISCO — A federal judge in California largely granted a motion from an issuer of crypto tokens and its CEO to dismiss class action securities claims against them, finding that the lead investor plaintiff failed to show that the crypto token at issue was first offered after the cutoff date for a statute of repose in the Securities Act of 1933....