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Crypto Class Action Asks to Use Social Media to Wrangle Flighty ICO Issuer

imageCryptocurrency7 hours ago (Aug 05, 2020 03:20PM ET)

Crypto Class Action Asks to Use Social Media to Wrangle Flighty ICO Issuer

Plaintiffs in a class-action lawsuit against Status and its 2017 initial coin offering of the Status Network Token (SNT) are asking the judge to authorize official document delivery, or serving, via alternative channels like Twitter and emails.

In court documents obtained by Cointelegraph and filed on Aug. 3, the judge is presented with a ready-to-sign motion outlining alternative methods for class-action plaintiffs to serve case files to Jarrad Hope and Carl Bennetts, both co-founders of Status.

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Crypto Class Action Asks to Use Social Media to Wrangle Flighty ICO Issuer

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