Lawsuit Claims Dfinity ICP Token is Unregistered Security | Crypto Briefing

Key Takeaways

  • California resident Daniel Ocampo has filed a new class action lawsuit against Dfinity alleging the firm violated the 1933 U.S. Securities Act.
  • The plaintiff claims that Dfinity created ICP tokens out of thin air and sold them without filing appropriate registration.
  • The complainant aims to seek compensation for the ICP investors the lawsuit represents for the financial damages they suffered.

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