[2018-01-04] French Entrepreneur’s Case to Overturn the Bitlicense Dismissed

[jamie.redman1]

This week the longstanding New York Supreme Court case involving the state’s Bitlicense was dismissed. The lone bitcoin entrepreneur, Theo Chino, who has been fighting in court for years, relentlessly trying to get the regulatory framework created by Ben Lawsky overturned, says he will appeal the decision.

Now the Supreme Court judge has granted a motion to dismiss the entrepreneur’s case. New.Bitcoin.com spoke with Chino’s lawyer, Pierre Ciric, who sent us a statement on Chino’s behalf. The statement explains that “Judge Carmen St. George limited her decision to a single question, concluding that Chino did not have the required standing to challenge the Bitlicense regulation.”

"This means that the court concluded that Chino and his business did not suffer the necessary injury to be able to challenge the defendant’s actions.”

Read More Here>>> https://news.bitcoin.com/french-entrepr ... dismissed/