Lawsuits Against Cryptocurrency Companies On The Increase? As per this article Dated - July 26, 2019, Titled:
USA Judge Approves Lead Counsel In $4B Class Action Suit Against OneCoin
A New York’s federal judge announced his decision of a $4 billion class-action lawsuit against the cryptocurrency Ponzi scheme OneCoin.
The securities lawsuit alleges that OneCoin was a fraudulent investment program which hid behind the use of technical sophistication and fancy jargon and thus led falsely informed investors to believe that the cryptocurrency had any actual value.
The class-action lawsuit is the first of many such legal cases in the elusive world of cryptocurrencies.
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