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20 USDT
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According to Cointelegraph, a U.S. federal judge recently dismissed a lawsuit against DeFi platform PoolTogether, and in his ruling stated that the federal court system is not the right place to express concerns about DeFi startups. The judge also said that plaintiff Joseph Kent, a software engineer who worked for U.S. Senator Elizabeth Warren, did not have standing to sue because he "suffered no damages from the defendant" and that the plaintiff could continue to sue in other states, or pursue it. appeal.
It is reported that PoolTogether is an Ethereum lossless lottery platform. The lawsuit was filed by Kent in October 2021, alleging that PoolTogether allows users to evade financial supervision and deceive consumers, thereby violating New York State gambling laws. However, PoolTogether countered that its corporate entity only runs the interface that provides access to the PoolTogether protocol, and the protocol itself is not owned by anyone, and it mainly runs on Ethereum.
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