Hayden Davis wants a New York lawsuit against him dismissed, arguing the LIBRA token was offered worldwide and didn’t specifically target the state or its residents.
The creator of the LIBRA token is seeking to have a New York class-action lawsuit against him dismissed, arguing that the court lacks jurisdiction as the token was offered globally.
Hayden Davis, co-founder of the venture firm Kelsier Ventures, asked a New York federal court to dismiss the class-action lawsuit on Wednesday, alleging the claims don’t arise from actions “directed toward New York.”
“Davis does not reside in New York, does not transact business in New York, was not physically present in New York when the allegedly tortious conduct occurred, and made no specific effort to advertise to or serve the New York market in connection with the worldwide offering of $LIBRA meme coins,” the filing reads.
