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Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3.
The eleven putative class action suits name dozens of parties including cryptocurrency exchanges Binance, KuCoin, BiBox, and BitMEX and parent company HDR Global Trading Limited, and alleged crypto issuers Block.one, Quantstamp, KayDex, Civic, BProtocol, Status, and the Tron Foundation.
Many of the company’s principals are named, including several leading figures in the crypto sector such as Changpeng Zhao (CZ), Dan Larimer, Vinny Lingham, and Brendan Blumer.