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Court Authorizes Alternative Service on DAO via its Online Discussion Forum in Bancor Cryptocurrency Class Action

Court Authorizes Alternative Service on DAO via its Online Discussion Forum in Bancor Cryptocurrency Class Action

By
Hoppin Grinsell
January 8, 2024
Court Authorizes Alternative Service on DAO via its Online Discussion Forum in Bancor Cryptocurrency Class Action

On January 5, 2024, U.S. District Judge Robert Pitman granted Co-Lead Counsel Hoppin Grinsell’s motion to serve a DAO defendant via the DAO’s online discussion forum in the Bancor Cryptocurrency Class Action, Basic v. B Protocol, Case No. 23-cv-00533-RP (W.D. Tex.). Judge Pitman’s Order—issued less than twenty-four hours after Hoppin Grinsell filed its Motion for Alternative Service—breaks new ground and joins a small but growing number of District Courts nationwide that have permitted plaintiffs seeking recovery from DAO defendants to serve them online.

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