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Alec Otto v. Nano f/k/a Raiblocks f/k/a Hieusys LLC et al
Case Number:
4:19-cv-00054
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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July 28, 2021
Crypto Developers Seek $701K Sanctions For 'Baseless' Suit
The developers of cryptocurrency Nano sought over $701,000 in attorney fees and costs as a sanction after a token buyer dropped his proposed class action, telling a California federal court that some of the claims lobbed against them had been "legally baseless."
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July 16, 2021
Nano Buyer Withdraws Suit After Class Claims Fall Short
A buyer of the cryptocurrency Nano has withdrawn his suit against the token's developers after two failed attempts at class certification, teeing up a round of arguments over whether the court should impose sanctions, according to documents filed in California federal court.
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August 05, 2020
Nano Investor Seeks Class Cert. In Crypto Theft Suit
An investor in the cryptocurrency Nano urged a California federal court to certify his proposed class action over the alleged theft of the coins in a $170 million hack of an Italian trading exchange, arguing that the suit is a "textbook example" of a case that deserves class action treatment.
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January 16, 2020
Bid To Move Crypto Suit Overseas Called 'Pious' Pretense
A motion to end a proposed federal cryptocurrency class action stateside — and move the claims to Italy — is a thinly disguised attempt to kill the allegations altogether, according to a California man who claims he lost $260,000 on a defective digital currency exchange.
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January 14, 2020
Investor Blasts Crypto Co.'s Listicle-Like Dismissal Bid
A Bay Area man who claims $260,000 worth of his cryptocurrency disappeared from a faulty exchange told a California federal judge that the list of defenses from the company that owns the exchange should not end his suit.
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October 07, 2019
Crypto Redditors Must Face Some Claims Over Missing $170M
Cryptocurrency developers who hyped their product Nano on Reddit.com will continue to face fraud and negligence claims from their investors over the disappearance of roughly $170 million worth of their digital currency, a California federal judge said.
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August 16, 2019
Nano Developers Seek Toss Of Cryptocurrency Theft Suit
The makers of Nano, a cryptocurrency that was stolen in the $170 million hack of an Italian trading exchange, pushed a California federal court Thursday to toss the proposed class action over the theft, arguing that the buyers' claims were brought too late.
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April 11, 2019
Levi & Korsinsky, Silver Miller To Lead 'Nano' Investor Suit
A California federal judge said Tuesday that Levi & Korsinsky and Silver Miller will co-lead the latest investor suit against developers of Nano, the cryptocurrency that was stolen in the $170 million hack of an Italian trading website.
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April 01, 2019
Cryptocurrency 'Nano' Is Not A Security, Developers Say
The developers of the cryptocurrency Nano say that unlike the digital "tokens" being targeted in investor suits over the past year, their digital currency is not a security and the latest securities suit against them should be dismissed.