🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
California judge dismisses class action lawsuit against the Dfinity Foundation
ChainCatcher news, a federal judge in California dismissed the class action lawsuit against the Dfinity Foundation, the developer of ICP. U.S. District Court Judge James Donato granted Dfinity's motion to dismiss, ruling that the case was "time-barred" due to exceeding the three-year statute of limitations under the Securities Exchange Act. The court supported Dfinity's argument that its initial public offering of ICP tokens was in February 2017, thus the investor lawsuit from August 2021 has exceeded the statutory timeframe. At that time, the plaintiffs represented by Freedman Normand Friedland LLP (formerly Roche Freedman) did not respond to the defendants' arguments. Therefore, Judge Donato wrote that it was "inevitable" to dismiss these claims due to the statute of limitations.