A class-action lawsuit against Atomic Wallet has been dismissed by a US federal judge due to lack of jurisdiction over the Estonian crypto firm. The lawsuit, filed by users who lost cryptocurrencies in a $100 million hack, failed to prove sufficient contact between Atomic Wallet and Colorado. The judge ruled that Atomic Wallet's products, being software applications, could reach users without the firm knowing their location. Atomic Wallet argued it had no US ties, with only one plaintiff based in Colorado. The judge offered the plaintiffs time to justify the suit against Ilia Brusov, a shareholder of Atomic Wallet. The lawsuit also involved CEO Konstantin Gladyshev, shareholder Pavel Sokolov, and Evercode Infinite. The judge's decision highlights the challenges of jurisdiction in cases involving digital products and online interactions. Read more AI-generated news on: https://app.chaingpt.org/news