PoolTogether
A federal judge in the United States recently dismissed a lawsuit against the decentralized finance (DeFi) platform PoolTogether, ruling that a federal court is not the appropriate venue for addressing…
A year and 7 months after it was filed, the case of Joseph Kent v. PoolTogether and its backers has been tossed by a Brooklyn federal court judge.
The defi community rallied behind PoolTogether by raising $1.4 million through a nonfungible token sale last year to support the platform’s legal defense.
The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers.
The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale back in 2022.
The judge presiding over the case decided it was not a matter for the Federal Courts.
In a recent ruling, U.S. Judge Frederic Block declared that there are better venues than a federal court to address concerns regarding the decentralized finance (DeFi) platform PoolTogether. The judge’s…
A federal judge has dismissed a lawsuit against PoolTogether, a decentralized finance (DeFi) startup. The lawsuit against PoolTogether was filed in 2021 and alleged that the platform operated in a…
On 6th July 2022, PoolTogether, a DeFi protocol website that runs programs for cryptocurrency transfer, is facing litigation procedures. This is after being accused of conducting an illegal lottery in…
PoolTogether, an Ethereum-hosted DeFi application that enables users to gain access to prize-linked savings pools, has raised over $1 million to secure defense funding. The project allows users to deposit…
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