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

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 5 JAMES FABIAN, CASE NO. 19-cv-00054-YGR

Plaintiff,

ORDER GRANTING IN PART AND DENYING

vs. IN PART MOTION TO DISMISS

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

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