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TheBlock 2020-04-08 17:11:24

Indemnity, insurance and (Riot) blockchain

Quick TakeHonig et al. v. Riot Blockchain is a new lawsuit filed in New York federal court on April 3, 2020.The plaintiffs and Riot Blockchain were sued in numerous lawsuits alleging violations of securities laws; an SEC investigation was also commenced.Plaintiffs in this lawsuit say they are entitled to indemnity from Riot for the costs associated with defending underlying litigation and the SEC investigation.

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