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Explainer: Can crypto holders recoup losses in court?

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Explainer: Can crypto holders recoup losses in court?

Image caption: Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken November 28, 2021. Image credit: Reuters / Dado Ruvic / Illustration / File Photo. Article by Jody Godoy. Reuters – June 24, 2022.

June 24 (Reuters) – A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. court. Here is how cryptocurrency litigation has fared so far and the challenges investors may face.

WHO IS BEING SUED?

Companies that created cryptocurrencies, exchanges that facilitated their sale, and individuals who promoted them have all been sued. […]

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