Wanger Featured in Law360 on Defense of ICON Foundation and Impact on the Future of Crypto Litigation
Manatt Litigation Partner was featured in an article by Law360 for leading a team that successfully represented ICON Foundation against a claim by a cryptocurrency trader who exploited a bug in a decentralized crypto network’s operating software. He noted that the case sets a precedent for courts to remedy the effects of bug exploits and is a critical decision for those who want to see decentralized networks run properly.
He added, “Ultimately what this case stands for is where it's clear that the code [for a decentralized crypto network] is not operating as intended, a court can step in and undo the effect of that code."
The team also included Manatt Litigation Partner , Counsel and Associate .
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