Robbins Geller intends to file a class action lawsuit against Block as the representative law firm
law firm Robbins Geller Rudman Dowd LLP announced that it plans to initiate a class action lawsuit against Block as the representative law firm. The lawsuit is named Gonsalves v. Block, Inc., case number 25-00642 (ND Cal.), and alleges that Block and some of its executives violated US securities laws, including Block's encouragement of the use of Bitcoin by customers seeking to open accounts, trade, and access funds by imposing minimal obligations and pressuring Block's banking partners to abandon KYC due diligence activities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH 10th anniversary—Bitget community carnival
[Initial Listing] Bitget Will List NERO Chain (NERO). Come and grab a share of 65,000,000 NERO
Notice: VND deposit service Back to Normal
[Initial Listing] Bitget Will List DePHY (PHY). Come and grab a share of 6,600,000 PHY
Trending news
MoreCrypto prices
More
