ICO News

Elastos ICO of $200 Million In China Was Sued Judge Wants to Hear of China Law to June 24 – Inner City Press


Elastos ICO
of $200 Million In China Was Sued Judge
Wants to Hear of China Law to June 24

By Matthew
Russell Lee,
Patreon Maxwell

Book
BBCGuardian
UK
Honduras
ESPN
NY

Mag


SDNY COURTHOUSE,
May 26 – Mark Owen sued the
Elastos Foundation, Fay Li,
Feng Han, Rong Chen and others
about the Elastos Initial Coin
Offering that raised between
$94 million and $200 million
as “unregistered
securities.” 

 On May 26,
U.S. District Court for the
Southern District of New York
Judge Gregory H. Woods held a
conference. Inner City Press
covered it. 

Judge Woods
emphasized that resolution
will require briefing on
Chinese law, and questioned
why briefs who have the
limited pages proposed.

He said the
motion to compel is due by
June 2, with opposition due
June 17 and reply by June 24.

The case is Owen
et al v. Elastos Foundation et
al., 19-cv-5462
(Woods)  


***

@SDNYLIVE courthouse #CourtCastCast
                              200 Worth Street
Your support means a lot. As little as $5 a
month helps keep us going and grants you
access to exclusive bonus material on our
Patreon page. Click

here to become a patron.

Feedback:

Editorial [at] innercitypress.com
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA

Mail: Box 20047, Dag
Hammarskjold Station NY NY 10017

Reporter’s mobile (and weekends):
718-716-3540


Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.

 Copyright 2006-2022 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.