Giant Case According to the news of Cointelegraph, on April 3, one of the most comprehensive cases of the crypto money industry was opened in New York. Roche Freedman claims that many crypto exchanges and companies have violated securities laws. Among the defendants are familiar names such as Binance, BiBox, KuCoin, BitMEX, Block.one, KayDex, Civic, BPRotocol, Tron Foundation, Quantstamp and Status. Among these lawsuits, company founders such as Changpeng Zhao, Dan Larimer, and Vinny Lingham are mentioned. Why Opened? The claim of Roche Freedman (which you may know from the Dave Dave-Craigiman case) is quite simple: The companies listed above have violated securities laws. The named exchanges sold tokens without paying attention to the relevant laws, while the companies producing these tokens did not inform investors duly. There are also quite familiar names among the tokens mentioned in the case. According to Roche Freedman’s claims, the tokens in which securities laws were violated during the sale are: Aelf, Bibox Token, Bancor, Civic, Eos, ETHLend, Funfair, Kyber Network, Icon, OmiseGo, TomoChain, Tron, Status and Quantstamp.
