A federal judge in New Jersey determined the court has diversity jurisdiction to handle the case, which includes more than $1.3 million in bitcoin investments.
March 30, 2017 at 05:59 PM
1 minute read
Investors in a bitcoin-farming operation can proceed with their federal suit after giving a U.S. District Court judge in Camden a primer on the virtual currency at the center of the case.
U.S. District Judge Joseph Rodriguez ruled Thursday in Gordon v. Dailey that the court has diversity jurisdiction to hear the case, allowing him to sidestep whether federal question jurisdiction exists under federal securities laws.
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