Lawyers representing investors in a class action against BProtocol Foundation, parent company of decentralized liquidity network Bancor, have asked for the case to be tried in the United States rather than Israel.
According to court records filed Nov. 2 in the U.S. Southern District of New York (SDNY), lawyers for Timothy C. Holsworth, the lead plaintiff in the class-action lawsuit against defendants BProtocol and four of its executives, argued that the firm’s “repeated and extensive contacts with the United States” for marketing its Bancor Network Token (BNT) made the SDNY the more appropriate venue.