Summary
- The US court has dismissed the SEC's lawsuit against the BitClout founder.
- The SEC indicted Nader Al-Naji on charges of wire fraud, but the lawsuit was dismissed.
- The BitClout case is an issue that could have a significant impact on investors in the cryptocurrency sector.
According to Decrypt, a cryptocurrency specialized media, on the 18th (local time), a US court dismissed a lawsuit filed by the Securities and Exchange Commission (SEC) in 2024 against the founder of decentralized social media BitClout.
Previously, the SEC had indicted BitClout founder Nader Al-Naji on charges of wire fraud amounting to $3 million last year.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
