Selendy Gay partner Jordan Goldstein was recognized in Law360 and AmLaw for a recent victory on behalf of a putative class of crypto-investors who traded on Coinbase, a major crypto-asset platform.
Law360 featured Jordan among its “Legal Lions of the Week” for this important win, in which the U.S. Court of Appeals for the Second Circuit reversed a district court judgment that had dismissed certain claims made in Underwood, et al. v. Coinbase Global Inc., et al. The suit contends that Coinbase illegally facilitated transactions in unregistered securities.
Jordan also received another recent shout out in the “Litigator of the Week” column from AmLaw’s Litigation Daily for this latest victory. This was the second shout out from this column in as many months for Jordan, who has achieved an impressive series of recent victories in significant crypto-related matters. In the same week as the Coinbase victory, he led a Selendy Gay team to an important win in another closely-watched class action brought by cryptocurrency investors against BitMEX and its founders. These rulings come on the heels of a third major victory by Selendy Gay in the Second Circuit, for investors suing Binance.
Together, these three recent victories represent a decisive movement in favor of the ability of investors to recover against crypto-exchanges for billions of dollars in trading losses.
