US judge concerned Block.one lawsuit ‘motivated by high legal fees' - CoinGeek
U.S. District Court Judge Lewis Kaplan told the court in New York that the class action raised on behalf of five investors in the firm shows a lack of commitment and diligence, suggesting they were unsuitable lead plaintiffs.
Referred to as the Williams Group, Judge Kaplan said the lead plaintiffs had filed incomplete and inaccurate information with the court, including unsubstantiated accusations against Block.one.
