DFINITY Wins Dismissal in ICP Investor Suit Over Statute Limit
Federal Court Finds ICP Token Lawsuit Time-Barred and Lacking in Pleading Standards
A California federal judge dismissed a key lawsuit against DFINITY, the developer behind Internet Computer (ICP), citing expired legal deadlines. The case, filed by an investor over ICP token losses, was found time-barred under federal securities law. This decision ends a major legal challenge related to the 2021 launch of DFINITY’s digital asset.
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