According to Bloomberg Law, a federal judge in Texas dismissed a securities class action lawsuit against the operator of the DeFi project Bancor protocol, ruling that the plaintiff failed to prove that the U.S. court had jurisdiction over foreign defendants. The ruling indicated that Bancor's foreign operations were not subject to U.S. securities laws, and the plaintiff could not sue Bancor in the United States for its suspension of investment protection features. The judge also pointed out that Bancor and its founder did not have sufficient ties to the United States and suggested that the plaintiff could file a lawsuit in an Israeli court.