Crypto Asset Fund, LLC v. Medcredits, Inc.

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF CALIFORNIA

8 CRYPTO ASSET FUND, LLC, et al., CASE NO. 19cv1869-LAB (MDD)

Plaintiffs, ORDER GRANTING IN PART AND vs. DENYING IN PART DEFENDANTS’ MOTION TO DISMISS [Dkt. 9]; MEDCREDITS, INC., et al., 12 Defendants. ORDER GRANTING MOTION TO COMPEL [Dkt. 9];

ORDER DENYING MOTION FOR ATTORNEYS’ FEES AND COSTS [Dkt. 9]

Plaintiffs Crypto Asset Fund, LLC (“CAF”), Timothy Enneking, and Kyle Chaykowski brought this suit in September 2019, alleging that Defendants violated an array of state and federal laws by soliciting and inducing Plaintiffs to invest in a “token sale” related to Defendants’ new medical platform, MedCredits. Currently before the Court is Defendants’ Motion to Dismiss the Complaint for Lack of Personal Jurisdiction and Failure to State a Claim, or alternatively, to Compel the Plaintiffs to Arbitration. As discussed below, the Court…