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US federal court dismisses lawsuit against DeFi platform PoolTogether

U.S. district court Judge Frederic Block said that despite having genuine concerns about the startup, a lawsuit in a federal court is not “an appropriate way to address them.“ The judge also said that the plaintiff, Joseph Kent, does not have standing to pursue a lawsuit because he “suffered no concrete harm at the hands of the defendants.” The court order stated:

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Source: Cryptocurrency - investing.com

Why Sequoia Capital is sawing off its Chinese branch

After debt-ceiling negotiations, America faces a debt deluge