Roche Friedman Law Firm: 11 class actions against exchanges and token issuers

According to Bitcoin.com, Roche Cyrulnik Freedman, who filed 11 new class actions against the crypto industry, said in an interview that these class actions are divided into two categories. On the one hand, four The Exchange's class action lawsuits were against seven other token issuers. The 11 defendants all have a history of violations in the US stock market, and this has become increasingly clear over time. At that time, there was a lack of regulatory guidance and the concept of "utility tokens". Over time, we have seen these tokens as securities. In addition, the firm stated that if encryption agencies want to benefit from the US market, they must follow regulatory rules.