G&E Files Lawsuit Against Block.one for “Biggest of All Crypto Frauds” after Value of Digital Asset Token Plunges 85%

NEW YORK (May 18, 2020) – A diverse group of individual and corporate investors has filed a class action lawsuit today against blockchain software firm Block.one, alleging it defrauded them through a year-long illegal initial coin offering that netted the company in excess of $4 billion but left investors with an unregulated asset that became virtually worthless.

Read the Press Release