California judge dismisses class action lawsuit against the Dfinity Foundation
A California judge dismissed the class action lawsuit against the Dfinity Foundation, ruling that the case was beyond the statutory three-year statute of limitations. The plaintiffs did not respond to the defendant's arguments, leading the court to support Dfinity's claim that its initial public offering of ICP tokens in 2017 made the 2021 lawsuit time-barred. The court ruled that the dismissal of the claims was reasonable.