Alec Otto v. Nano f/k/a Raiblocks f/k/a Hieusys LLC

1 2 3 UNITED STATES DISTRICT COURT 4 NORTHERN DISTRICT OF CALIFORNIA 5 6 JAMES FABIAN, CASE NO. 19-cv-00054-YGR

7 Plaintiff,

ORDER GRANTING IN PART AND DENYING

8 vs. IN PART MOTION TO DISMISS

9 COLIN LEMAHIEU, ET AL., Re: Dkt. No. 60 10 Defendants.

11 12 Plaintiff James Fabian brings this putative class action against defendants Nano f/k/a/ 13 RaiBlocks f/k/a Hieusys, LLC (“Nano”), Colin LeMahieu, Mica Busch, Zack Shapiro, and Troy 14 Retzer (collectively, “Nano Defendants” or “Moving Defendants”) as well as B.G. Services SRL 15 f/k/a BitGrail SRL f/k/a ebcoin Solutions (“BitGrail”) and Francesco “The Bomber” Firano 16 (collectively “BitGrail Defendants”)1 for securities fraud and related claims in connection with 17 defendants’ promotion of and statements regarding a cryptocurrency or digital asset referred to as 18 NANO f/k/a RaiBlocks (“XRB” or “Nano Tokens”). (Dkt. No. 58 (“FAC”) at 1.) 19 Now before the Court is Nano Defendants’ motion to dismiss the FAC.2 (Dkt. No. 60 20 1 The Court notes that the BitGrail…