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$100M AI Token Dump Suit Can't Be Heard In NY, Founders Say

By Emilie Ruscoe ( February 26, 2026, 10:30 PM EST) -- Co-founders of a digital asset issuer and an associated crypto organization seek to shed a lawsuit accusing them of conspiring to improperly extract over $100 million from an open-source artificial intelligence coalition, arguing Wednesday that a Manhattan federal court doesn't have jurisdiction over the Romania- and Germany-based defendants or the decentralized organization....

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