727 FinancePANews reported on October 5 that Bubblemaps stated that in the LIBRA US class action lawsuit, most of the claims against Hayden Davis and Kelsier were dismissed due to lack of jurisdiction of the New York court, which was not a denial of the accusation itself. The plaintiff may still appeal or sue in a court of competent jurisdiction. The lawsuit involves LIBRA and M3M3 token investors, and related criminal investigations in Argentina are continuing.
PANews October 5 news: Bubblemaps posted that in the LIBRA U.S. class action, most claims against Hayden Davis and Kelsier were dismissed due to the New York court's lack of jurisdiction, not as a rejection of the allegations themselves. The plaintiffs may still appeal or file suit in a court with jurisdiction. The lawsuit involves investors in the LIBRA and M3M3 tokens, and the related criminal investigation in Argentina is still ongoing.