Hong et al v. Block.One et al

Track this case

Case Number:

1:20-cv-03829

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Lewis A. Kaplan

Firms

  1. May 28, 2024

    Block.one Investors Renew Push For $22M Deal Approval

    A class of investors has again asked the court to approve a $22 million settlement with Block.one over the cryptocurrency company's $4 billion initial coin offering, following several instances in which the court denied approval of the deal.

  2. August 15, 2022

    NY Judge Rejects $27.5M Block.one Deal Over Class Rep

    A New York federal judge on Monday refused to give his final blessing to a $27.5 million securities settlement over a cryptocurrency company's $4 billion initial coin offering nor did he approve a $5.5 million attorney fees request, questioning the lead plaintiff's ability to represent the class.

  3. November 03, 2021

    Judge Wants More Info Before OK'ing $27.5M Block.one Deal

    A New York federal judge said he won't approve a proposed $27.5 million securities settlement over a cryptocurrency company's $4 billion initial coin offering until the lead plaintiff explains what work its attorneys performed and how the settlement will be administered.

  4. August 05, 2020

    Grant & Eisenhofer To Lead Suit Over $4B Block.one ICO

    Grant & Eisenhofer PA beat out Selendy & Gay PLLC and Roche Cyrulnik Freedman LLP for the lead counsel role on Tuesday in a newly consolidated proposed class action accusing cryptocurrency issuer Block.one of conducting an unregistered $4 billion initial coin offering.

  5. May 18, 2020

    Investors Sue Block.one Over Unregistered $4B ICO

    Investors hit cryptocurrency issuer Block.one with a proposed securities class action in New York federal court on Monday over its 2017 unregistered offering of EOS tokens and misstatements about its ability to more fully decentralize EOS blockchain technology.