{"id":18016,"date":"2022-05-27T02:44:54","date_gmt":"2022-05-27T02:44:54","guid":{"rendered":"http:\/\/egrowonline.com\/?p=18016"},"modified":"2022-05-27T02:44:54","modified_gmt":"2022-05-27T02:44:54","slug":"elastos-ico-of-200-million-in-china-was-sued-judge-wants-to-hear-of-china-law-to-june-24","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=18016","title":{"rendered":"Elastos ICO of $200 Million In China Was Sued Judge Wants to Hear of China Law to June 24"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\"><span><span><span><span>Elastos ICO<br \/>\n                              of $200 Million In China Was Sued Judge<br \/>\n                              Wants to Hear of China Law to June 24<\/span><\/span><\/span><\/span><span><span><span><span><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><br \/>\n                                            <\/span><\/span><\/span> <\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span> <\/span><\/p>\n<p><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\">By Matthew<br \/>\n                                          Russell Lee, <\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><a target=\"_blank\" href=\"https:\/\/www.patreon.com\/posts\/64403390\" rel=\"noopener\">Patreon<\/a><span> <a target=\"_blank\" href=\"https:\/\/www.amazon.com\/dp\/B09P7RNGK6\" rel=\"noopener\">Maxwell<\/p>\n<p>                                                          Book<\/a><\/span><br \/><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/technology-50417908\" rel=\"noopener\">BBC<\/a>&#8211;<span><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/sport\/2019\/nov\/25\/phoenix-thoroughbreds-owner-denies-money-laundering-allegations\" rel=\"noopener\">G<span>uardian<br \/>\n                                                          UK<\/span><\/a><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><span><span><em><span><span><span><span><span><span><span><span><span><span> &#8211; <\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><a target=\"_blank\" href=\"https:\/\/www.laprensa.hn\/inicio\/1324671-410\/alexander-ardon-juicio-tony-hernandez-nueva-york\" rel=\"noopener\">Honduras<\/a><br \/>\n                                                          &#8211;<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"background: transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span> <\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><span><span><span><span><a target=\"_blank\" href=\"http:\/\/louisvillesportslive.net\/lsl-podcast-matthew-russell-lee-daniel-wallach\/\" rel=\"noopener\"><span>ESPN<\/span><\/a><br \/>\n                                <a target=\"_blank\" href=\"https:\/\/nymag.com\/intelligencer\/2021\/12\/ghislaine-maxwell-will-spend-her-60th-birthday-in-jail.html\" rel=\"noopener\">NY<\/p>\n<p>                                  Mag<\/a><br \/><\/span><\/span><\/span><\/span><span><span><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\"><a target=\"_blank\" href=\"http:\/\/thesource.com\/2019\/09\/19\/6ix9ines-testimony-jim-jones\/\" rel=\"noopener\"><span><span><span><span><span lang=\"en-US\"><span style=\"normal\" \/><\/span><\/span><\/span><\/span><\/span><\/a><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><br \/>\n                        <span><span><span> <\/span> <\/span><\/span><br \/>\n                        <span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\"><span><span><em><span><span><span lang=\"en-US\"><span style=\"normal\"><span style=\"normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/p>\n<p>                      <span> <\/span><\/p>\n<p><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\">SDNY COURTHOUSE,<br \/>\n                                          May 26 \u2013 Mark Owen sued the<br \/>\n                                          Elastos Foundation, Fay Li,<br \/>\n                                          Feng Han, Rong Chen and others<br \/>\n                                          about the Elastos Initial Coin<br \/>\n                                          Offering that raised between<br \/>\n                                          $94 million and $200 million<br \/>\n                                          as &#8220;unregistered<br \/>\n                                          securities.&#8221;\u00a0 <br \/><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/p>\n<p><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\">\u00a0On May 26,<br \/>\n                                          U.S. District Court for the<br \/>\n                                          Southern District of New York<br \/>\n                                          Judge Gregory H. Woods held a<br \/>\n                                          conference. Inner City Press<br \/>\n                                          covered it.\u00a0 <br \/><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/p>\n<p><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\">Judge Woods<br \/>\n                                          emphasized that resolution<br \/>\n                                          will require briefing on<br \/>\n                                          Chinese law, and questioned<br \/>\n                                          why briefs who have the<br \/>\n                                          limited pages proposed. <br \/><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/p>\n<p><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\">He said the<br \/>\n                                          motion to compel is due by<br \/>\n                                          June 2, with opposition due<br \/>\n                                          June 17 and reply by June 24.<br \/>\n                                          <br \/><\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/p>\n<p><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\">The case is Owen<br \/>\n                                          et al v. Elastos Foundation et<br \/>\n                                          al., 19-cv-5462<br \/>\n                                          (Woods)\u00a0\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\"><\/p>\n<p>                                        <\/span><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><span><span><em><span><span><span lang=\"en-US\"><span style=\"font-style: normal\"><span style=\"font-weight: normal\"><span style=\"transparent\" \/><\/span><\/span><\/span><\/span><\/span><\/em><\/span><\/span><\/p>\n<p align=\"center\"><span><span>***<br \/><\/span><\/span><\/p>\n<p><span><span><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.innercitypress.com\/sdny1scoworthicpfits.jpg\" alt=\"@SDNYLIVE courthouse #CourtCastCast&#010;                              200 Worth Street\" width=\"450\" height=\"253\" \/><br \/>Your support means a lot. As little as $5 a<br \/>\n                            month helps keep us going and grants you<br \/>\n                            access to exclusive bonus material on our<br \/>\n                            Patreon page. <a target=\"_blank\" href=\"https:\/\/www.patreon.com\/MatthewRussellLee\" rel=\"noopener\">Click<\/p>\n<p>                              here to become a patron.<\/a><br \/><\/span><\/span><\/p>\n<p><span><span>Feedback:<\/p>\n<p>                            Editorial [at] innercitypress.com<br \/>SDNY Press Room 480, front cubicle<br \/>500 Pearl Street, NY NY 10007 USA<br \/><\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span><span><span><span>Mail: Box 20047, Dag<br \/>\n                                Hammarskjold Station NY NY <span>10017<\/span><\/span><\/span><\/span><br \/><\/span><\/p>\n<p class=\"MsoNormal\"><span>Reporter&#8217;s mobile (and weekends):<br \/>\n                          718-716-3540<\/span><\/p>\n<p>                      <!-- Search Google --><\/p>\n<p class=\"MsoNormal\"><span>Other, earlier Inner City Press are<br \/>\n                          listed <a target=\"_blank\" href=\"http:\/\/www.innercitypress.com\/\" rel=\"noopener\">here<\/a>,<br \/>\n                          and some are available in the ProQuest<br \/>\n                          service, and now on Lexis-Nexis.<\/span><\/p>\n<p align=\"left\"><span>\u00a0Copyright 2006-2022 Inner City<br \/>\n                          Press, Inc. To request reprint or other<br \/>\n                          permission, e-contact Editorial [at]<br \/>\n                          innercitypress.com<br \/><\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"http:\/\/www.innercitypress.com\/sdny201woodscryptoelastosicoicp052622.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elastos ICO of $200 Million In China Was Sued Judge Wants to Hear of China Law to June 24 By Matthew Russell Lee, Patreon Maxwell BookBBC&#8211;Guardian UK &#8211; Honduras &#8211; ESPN NY Mag SDNY COURTHOUSE, May 26 \u2013 Mark Owen sued the Elastos Foundation, Fay Li, Feng Han, Rong Chen and others about the Elastos [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[1168,8497,8498,838,7068,6249,1020,545,3428],"class_list":["post-18016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ico","tag-china","tag-elastos","tag-hear","tag-ico","tag-judge","tag-june","tag-law","tag-million","tag-sued"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/05\/sdny1scoworthicpfits.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18016"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18016\/revisions"}],"predecessor-version":[{"id":18018,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18016\/revisions\/18018"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/18017"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18016"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}