Federal Judge Dismisses UCL, Fraud, Some Negligence Claims Against Bitcoin Exchange

Mealey's (August 14, 2019, 2:26 PM EDT) -- SAN FRANCISCO — A federal judge in California on Aug. 6 granted a Bitcoin exchange’s motion to dismiss claims for violation of California's unfair competition law (UCL), fraud and negligence by the sellers in a class action complaint challenging how the defendant handled the sale of a new cryptocurrency known as bitcoin cash (Jeffrey Berk v. Coinbase Inc., et al., No. 18-01364, N.D. Calif., 2019 U.S. Dist. LEXIS 133939)....