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Patagon Management LLC v. Wu

New Suit - Securities

case:

Patagon Management LLC v. Wu
1:23-cv-02742

court:

U.S., Southern District of New York

summary:

Perkins Coie filed an investor lawsuit Friday in New York Southern District Court on behalf of Patagon Management LLC. The suit accuses Wei "Max" Wu, operator of the Spartacus decentralized finance community, of bilking investors out of more than $30 million through through the sale of SPA tokens, a purported blockchain-based digital asset. Counsel have not yet appeared for the defendant. The case is 1:23-cv-02742, Patagon Management LLC v. Wu.

04/02/2023

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