Orrick, Herrington & SutcliffeยทLITIGATION / APPELLATE

Second Circuit affirms dismissal of fraud claims against bank serving crypto brokerage

A 2nd Circuit panel affirmed dismissal of fraud claims against a bank that provided account services to a now-bankrupt cryptocurrency brokerage, holding the plaintiff failed to plausibly allege fraud.

second-circuitfraud-pleadingcrypto-brokeragebank-depository-servicescivil-procedure

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