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Protego Holdings Corporation v. Blackie Capital Inc et al
Case Number:
2:25-cv-00535
Court:
Nature of Suit:
Judge:
Firms
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June 17, 2025
Protego Takes $200M Crypto Bank Suit To Wash. Court
Protego Holdings Corp. has re-launched a lawsuit in Washington state court blaming a Texas investment firm for failing to carry out a $200 million investment pledge in its launch of a cryptocurrency bank, which never materialized because rare conditional approval from the U.S. government lapsed over financing concerns.
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June 12, 2025
Protego Ends $200M Suit Alleging Failed Crypto Bank Promise
Protego Holdings Corp. has agreed to drop a lawsuit accusing a Texas-based firm of failing to deliver on a $200 million investment pledge in its launch of a cryptocurrency bank, which never materialized because rare conditional approval from the U.S. government lapsed over financing concerns.
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March 28, 2025
Protego Says Texas Firm Broke $200M Crypto Bank Promise
Protego Holdings Corp. said a Texas-based firm promised to invest $200 million in its launch of a cryptocurrency bank but delivered only excuses as the funding failed to materialize and a rare conditional approval from the U.S. government lapsed when financing wasn't in place.