Though we often hear of ICOs coming under the gavel of the law, it’s rare to see advisory firms in this particular area getting sued. In Australia, this is what’s happening to DigitalX, a company that assists ICOs with their launches.
The lawsuit was brought up by “a group of parties relating to an investment made by those parties in an initial coin offering to which [DigitalX] was an advisor,” according to a document published by the company.
The lawsuit must have been served very recently, as we could not find any reference to the case in the Federal Court of Australia’s database. The only reference we found even resembling DigitalX’s company name is a c...
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