October 26, 2022
A Manhattan federal judge has certified a class of investors in defunct cryptocurrency venture ATBCoin, paving the way for the investors to move for default judgment against the company after it couldn't honor the terms of an earlier $250,000 settlement deal.
July 01, 2022
Investors in defunct cryptocurrency venture ATBCoin are requesting class certification before they seek a default judgment against the venture's principals, according to documents filed in New York federal court.
March 30, 2022
A New York federal judge has given his preliminary blessing to a $250,000 class action settlement between investors and the failed cryptocurrency ATBCoin, but he denied the plaintiff's request to preemptively "enforce" the deal against the supposedly judgment-proof defendants.
June 16, 2020
Investors who settled claims with digital asset startup ATBCoin LLC urged a New York federal judge on Tuesday to enforce the $250,000 deal, saying a letter filed by the company following the settlement agreement offered no explanation of ATBCoin's "sudden inability to pay."
May 13, 2020
Digital asset startup ATBCoin LLC backtracked on its proposed $250,000 settlement with investors Tuesday, telling a New York federal judge that it can no longer afford the amount agreed to last month.
April 10, 2020
A class of investors and ATBCoin LLC have agreed to settle a securities class action suit over allegations that the digital asset startup engaged in an unregistered securities offering in 2017, with ATBCoin set to pay out $250,000 in cash to resolve the claims.
April 01, 2019
Cryptocurrency startup ATBCoin LLC and two of its executives must face a proposed shareholder class action accusing them of selling unregistered securities in an initial coin offering, a New York federal judge ruled.