By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN
SDNY COURTHOUSE, Dec 25 – Mark Owen sued the Elastos Foundation, Rong Chen, Feng Han and others for a crypto-currency scam involving "ELA Tokens."
On December 22, U.S. District Court for the Southern District of New York Judge Gregory H. Woods held a proceeding. Inner City Press covered it.
The complaint noted that on February 13, 2018 Elastos through ChinaWise published a press release about Han's speech at CryptoCon 2018 on February 15, 2018 in Chicago on ICOs and bitcoin mining.
Han also spoke at a "meet up" at Fordham University in New York, promoting ELA. Judge Woods had questions about the Howey test. He had already denied the motion to dismiss. So the case goes forward.
The case is Owen et al. v. Elastos Foundation et al., 19-cv-5462 (Woods)
***
Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.
