Fla. Judge Tosses Bitcoin Cash Network Hijack Suit

Law360 (February 4, 2020, 8:28 PM EST) -- A federal judge in Florida has thrown out an antitrust suit brought by cryptocurrency company United American Corp. against a variety of foreign firms, including those of prominent Bitcoin investor Roger Ver, alleging they schemed to hijack the Bitcoin Cash network.

U.S. Magistrate Judge Chris McAliley of the Southern District of Florida granted the motions to dismiss in a Monday order after United American, which does business as United Corp., failed to serve many of the foreign firms but left the door open for a new complaint to be filed. 

The amended complaint must be filed by Feb. 28, according to the...

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