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Join the Securities Litigation and Enforcement Group on LinkedInPayPal crypto chief Jose Fernandez da Ponte on battling Tether, USDC
PayPal on Monday became the first major U.S. fintech company to offer its own crypto token with a dollar-pegged stablecoin known as PayPal USD, making big promises of how it can move money between millions of crypto investors. *** “Stablecoins are the killer application for blockchains right now,” said Jose Fernandez da Ponte, PayPal’s senior […]
Dismissal Motion Granted in PayPal Data Breach-Related Securities Suit | The D&O Diary
As I have noted in several recent posts, plaintiffs’ lawyers seem to have a renewed interest in trying to pursue securities class action lawsuits against companies that have experienced a data breach. Just to cite one recent example, as discussed here, within a day of Marriott’s recent high-profile announcement of a data breach involving its […]