( September 11, 2026, 9:45 AM EDT) -- NEW YORK — A federal judge in New York dismissed a crypto token compensation suit after finding that plaintiffs failed to state a claim under the only federal law at issue and declining to exercise supplemental jurisdiction over the remaining state law claims. The court held that the plaintiffs’ claim under Section 10(b) of the Securities Exchange Act of 1934 and Securities and Exchange Commission Rule 10b-5 was impermissibly extraterritorial because the alleged securities transaction was not domestic and, alternatively, was so significantly foreign that federal securities laws did not apply....