By Elise Hansen (October 26, 2021, 8:58 PM EDT) — Retail traders can now wager on litigation finance by way of a blockchain-based token providing — a so-called preliminary litigation providing — that can fund hemp firm Apothio whereas it battles a California county in federal court docket, in accordance with a Tuesday announcement.
Indiana-based Apothio LLC and its counsel, Roche Freedman LLP, are hoping to boost as much as $5 million for Apothio whereas it pursues a lawsuit alleging California’s Division of Fish and Wildlife illegally bulldozed lots of of acres of hemp crops on considered one of its farms. Buyers within the tokens may have an curiosity in proceeds Apothio might win from the swimsuit, in accordance…
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