BProtocol Foundation

Class Action Complaint in Mislav Basic, Nathan Gruber, Oren Gruber, Kevin Boudreau, Daniel Schwaibold, Alex Thomas, Gregory Thomas, and Benjamin Ayers v. BProtocol Foundation, of Switzerland and Israel; Bancor DAO, of Switzerland; Galia Benartzi, Guy Benartzi, Eyal Hertzog, and Yehuda Levi, all described as residents of Israel, at the U.S. District Court for the Western District of Texas.

The cryptocurrency industry had its own 'Red Wedding' at federal court in Manhattan yesterday when 11 class action complaints alleging the sale of unregistered securities were filed against 42 defendants in the BVI, Canada, Cayman Islands, China, Estonia, Hong Kong, Israel, Japan, Malta, Seychelles, Singapore, South Africa, Switzerland, Taiwan, USA, and Vietnam.

Class Action Complaint alleging the sale of unregistered securities involving digital tokens known as Bancor Network Tokens in William Zhang v. BProtocol Foundation, described as a Switzerland-domiciled "blockchain-focused software development company"; Eyal Hertzog, Yehuda Levi, Guy Benartzi, and Galia Benartzi, described as residents of Israel, at the U. S. District Court for the Southern District of New York.