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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: cheezcarls on January 04, 2020, 09:01:07 PM

Title: Law Firm Sued for Advising Fund That Cryptocurrency Assets Are Not Securities
Post by: cheezcarls on January 04, 2020, 09:01:07 PM
A former client is suing international law firm Faegre Baker Daniels for legal malpractice. Digital Capital Management claims the company gave it questionable advice relating to the setting up of a cryptocurrency investment fund.

According to a report in Bloomberg Law, Digital Capital Management filed the complaint against the legal firm on December 31. It claims that Faegre Baker Daniels gave the company “erroneous” legal advice as it was preparing to launch a fund focused on investing in the digital asset space.


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