Mealey's IP/Tech - Judge Dismisses State, Federal Law Claims Against Virtual Currency Provider

SAN JOSE, Calif. - A federal judge in California on March 24 dismissed a virtual currency provider's complaint against a number of its competitors, ruling that the provider lacks standing to bring its claims because it is not a competitor of the defendants and could not suffer a competitive disadvantage (Think Computer Corp. v. Dwolla Inc., et al., No. 13-2054, N.D. Calif.; 2014 U.S. Dist. LEXIS 38758).

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