Tornado Cash Users Demand Texas Judge Reject ‘Mootness Flag' and Enter Final Judgment
“This case, by the plaintiffs who seek a court judgment despite the Treasury delisting of the sanctions, shows that that strategy of trying to avoid a judgment may not succeed, said Mike Katz, a partner at Manatt Financial whose specialty includes litigation and advising startups, emerging companies and investment funds in the cryptocurrency and blockchain industries.
Trump Attacks America's Big Law: When the Shoe Is on the Other Foot, Leaders in the West Fall Silent
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New York Court Frees Barclays From Two Investor Lawsuits Over $17.7 Billion Error
Investors had argued that the bank and its top brass should have known that it lacked the controls necessary to prevent the $17.7 billion sale, as that issue spun out of the bank's well-known loss of filing privileges with the U.S. Securities and Exchange Commission. But U.S. District Judge Lewis Liman was skeptical that executives who knew of the lost privileges would have known the bank lacked the controls to cope.