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Topic: Nano & Team Faces Class Action Lawsuit, Appeal For A Recovery Fork (Read 108 times)

member
Activity: 98
Merit: 10
of course, this information still needs to be understood. but if it's true then scammers certainly need to be punished. and it's good news that investors are worried about us.
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO
Though NANO's specification and roadmap is quite attractive, can as well be too good to be true.
The coin had a very shady history, with changing it's terms multiple times. the faucet distribution system stopped without prior notice as well as maintaining it's own shady exchange.

Remember Dash?  (DarkCoin) Sometimes a shady history depends on view point.

This news can be dangerous ish...
legendary
Activity: 3094
Merit: 1069
Vave.com - Crypto Casino
Though NANO's specification and roadmap is quite attractive, can as well be too good to be true.
The coin had a very shady history, with changing it's terms multiple times. the faucet distribution system stopped without prior notice as well as maintaining it's own shady exchange.
jr. member
Activity: 90
Merit: 1
A class action lawsuit has been filed against the Nano and its core team by a US law firm in behalf of the investors that alleges Nano of violating the federal security laws for unregistered selling of securities and leading investors to the exchange, BitGrail which suffered a hacking attack to lose million of XRB ( nano cryptocurrency  ) in February 2018.

Federal security law violation and misrepresentation of BitGrail reliability

A cryptocurrency investor law firm in the USA has filed a class action lawsuit against Nano (previously known as RaiBlocks (XRB) on behalf of Nano investors in the United States District Court, Eastern District of New York.

Read more here: https://coingape.com/nano-cryptocurrency-class-action-lawsuit/
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