Description
LEJILEX sues the SEC seeking judicial confirmation under the Declaratory Judgment Act that the digital asset trading platform plaintiff is launching is not an unregistered securities exchange and that operating the exchange does not make plaintiffs an unregistered broker or clearing agency.
Legal Significance
The outcome of this case can add some clarity as to whether a digital asset exchange is a securities exchange.
Status
Motion to Dismiss
Case No.
4:24-cv-00168
Date Filed
February 21, 2024
Plaintiff
LEJILEXCrypto Freedom Alliance of Texas
Defendant
SECEric R. WernerGary GenslerCaroline A. CrenshawJaime E. LizárragaHester M. PierceMark T. Uyeda
Court
USDC Northern District of Texas Forth Worth Division
Plaintiff Counsel
Duane Morris LLPClement & Murphy PLLC
Defendant Counsel
Jason J. RoseDavid D. LisitzaEzekiel L. HillJeffrey A. Berger
Major Filings
Amicus Brief of Paradigm Operations in Support of Plaintiff’s Motion for Summary Judgment
July 12, 2024
Amicus Brief of Texas Blockchain Council and Investor Choice Advocates Network in Support of Plaintiff’s Motion for Summary Judgment
July 12, 2024
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