News.Bloomberglaw KuCoin and Chainalysis Cleared of RICO Class Action Over Crypto Theft
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A federal court ruled that KuCoin and Chainalysis are not liable for a proposed class action lawsuit regarding the theft of digital assets. Plaintiffs Sofia Reca and James Supples were unable to sufficiently allege federal racketeering claims against the involved parties, as stated by Judge Gregory H. Woods of the US District Court.
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