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January 24, 2024
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Keeping the Crypto VC Boom Alive in Connecticut Securities Lawsuit

TLDR: Digital Currency Group noteholders have urged a Connecticut federal court to keep alive their securities suit against the crypto venture capital firm. They claimed that the firm’s motion to dismiss the case overlooked important allegations and relied on inapplicable legal precedents. The noteholders accused Digital Currency Group of misleading them through a “sham transaction” with a subsidiary.

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