Egorov

Filed 1/15/

CERTIFIED FOR PUBLICATION

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

FIRST APPELLATE DISTRICT

DIVISION TWO

PARAFI DIGITAL

OPPORTUNITIES LP et al., Plaintiffs and Appellants, A168960

v. (San Francisco County MIKHAIL EGOROV, Super. Ct. No. CGC-22-602668) Defendant and Respondent.

Plaintiffs ParaFi Digital Opportunities LP (ParaFi), Framework Ventures, L.P. (Framework), and 1kx LP (1kx) appeal from an order granting defendant Mikhail Egorov’s motion to quash for lack of personal jurisdiction. Because Egorov’s relevant contacts with California were instigated by plaintiffs, we agree that there is insufficient basis for exercising specific jurisdiction over Egorov and affirm.

BACKGROUND1

This dispute arises from Egorov’s cancellation of plaintiffs’ investment in Curve, a decentralized cryptocurrency trading platform developed by

1 Our background comes from the evidence submitted in support of and

in opposition to Egorov’s motion to quash. We also cite to the operative amended complaint filed on April 21, 2023, but take no position on the legal or factual sufficiency of…