Crypto fund investor loses injunction bid after court finds it would cause more harm than good

5

Quick Take

  • Lawsuit by cryptocurrency fund investor sought to prevent fund from restructuring into an LLC
  • Court initially granted temporary restraining order, which would have prevented restructuring from taking place and precluded other investors from getting funds returned
  • Court dissolved TRO after hearing argument from Defendants, after finding that the requirements for injunctive relief were not met and TRO would cause irreperable  harm to defendants and others

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.


Crypto fund investor loses injunction bid after court finds it would cause more harm than good written by Stephen Palley @ https://www.theblockcrypto.com/genesis/66640/crypto-fund-investor-court-bid-fail?utm_source=rss&utm_medium=rss May 28, 2020 Stephen Palley

Comments are closed.