Date: May 7th, 2018 11:11 AM
Author: ruddy startling roommate
Cryptocurrency Exchange Binance Wins Lawsuit Against Sequoia
https://news.livecoinwatch.com/cryptocurrency-exchange-binance-wins-lawsuit-against-sequoia-3-billion-valuation/
“SCC (Sequoia) obtained an ex parte injunction without notice against Mr. Zhao at the end of December 2017. After a hearing attended by both parties’ legal representatives in April 2018, the High Court of Hong Kong has now determined that this injunction should not have been granted, as it had been improperly obtained and constituted an abuse of process by SCC,” the Binance team revealed.
The High Court of Hong Kong also ordered Sequoia to pay the legal costs of CZ in relation to the legal proceedings.
(http://www.autoadmit.com/thread.php?thread_id=3970297&forum_id=7#35998235)