Bankruptcy Court Dismisses AI Cryptocurrency Investor Claims

Finance and restructuring partner Andrew Kassner and counsel Joseph Argentina co-authored an article for The Legal Intelligencer titled, “Bankruptcy Court Dismisses AI Cryptocurrency Investor Claims.”

The authors discuss the recent decision in In re Augustus Intelligence, where the U.S. Bankruptcy Court for the District of Delaware dismissed claims against an alleged participant in a scheme that induced investors to fund over $30 million in an artificial intelligence company designed to generate revenue from enhanced cryptocurrency mining.

The full article is available to The Legal Intelligencer subscribers.