In brief
- At least five law firms have filed copycat class action lawsuits against Bitcoin treasury firm Strategy.
- Lawyers are potentially competing for tens of millions in fees from the consolidated case to come against Strategy.
- Coinbase reached a new all-time closing price Thursday, and announced it will launch U.S.-regulated Bitcoin and Ethereum perpetual futures next month.
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies.
This week: Why Bitcoin treasury champion Strategy is drawing so many identical lawsuits, Coinbase hits a new peak closing price as U.S. perps near, and other keys from the week in crypto.
Strategy’s déjà vu
You may have heard that Bitcoin giant Strategy is the subject of a class action lawsuit. It accuses the company of misrepresenting the risks associated with its BTC buying plans. Then maybe you heard about the suit
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Author: Stacy Elliott
