Burwick Law has filed a lawsuit against the parties involved in the issuance of LIBRA tokens in the New York Supreme Court.

According to Wu, the American law firm Burwick Law tweeted that it has filed a lawsuit in the New York State Supreme Court on behalf of its clients against Kelsier, KIP, Meteora, and related parties, accusing them of misconduct in the issuance of LIBRA tokens. The class action lawsuit alleges that they orchestrated an unfair token issuance, misled buyers, and harmed the interests of retail investors.