Joe Jabara writes:
So it starts….with literally billions of dollars lost through cryptocurrency frauds and security breaches, it was only a matter of time before we started seeing a wave of litigation. On Monday, a case was brought in the United States District Court, Southern District of New York, by IRA Financial Trust against Gemini Trust Company under multiple civil law causes of action. These causes of action have been around for hundreds of years, even though the subject matter is still in its infancy. But this one stands out, as cybersecurity advertising prior to a security breach was specifically mentioned in the lawsuit.
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