Partner Brian Klein Quoted By WSJ about a Federal Lawsuit involving a DeFi Protocol

Partner Brian Klein, who represents one of the defendants, a prominent crypto and open finance-focused investment firm, told the Wall Street Journal on January 13, 2022: “This apparently ideologically-driven lawsuit is a waste of the court’s and everyone else’s time …”

Filed in the Eastern District of New York, the lawsuit challenges a DeFi protocol’s claims that it is autonomous and self-governed. The lawsuit centers around a blockchain-based app that gamifies savings by cryptocurrency holders.

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