The plaintiffs claim Sirin Labs, Stox and Leadcoin didn't fulfill product promises to investors.
A Washington state-based judge threw out the lawsuit after the plaintiff failed to make a case.
The head of blockchain smartphone startup Sirin Labs, was sued over unpaid bills.
An Israeli ICO company is facing a multi-million dollar lawsuit following a founding partner's ejection from the firm.
Israel-based Sirin Labs has laid off a quarter of its workforce, saying sales of its Finney phone are lower than expected.
Israeli blockchain prediction market Stox and its founder Moshe Hogeg are reportedly being sued for $4.6 million over alleged fraud.