U.S. judge dismisses class action accusations against Maker Development Foundation for allegedly misleading users

A U.S. federal judge has dismissed the class action allegations against the Maker Development Foundation, stating that "the Maker Development Foundation is not an appropriate defendant because it is dissolved and therefore incapable of being sued, and the plaintiff has failed to make every case in its support. The facts of the claim for relief". Previously, the class action accused Maker of allegedly misleading users, claiming that the over-collateralization policy is a safeguard that can limit losses to less than 13%, and the collateral will be returned to users. When it fell, many investors' positions were liquidated.