Victims were lured to download the apps with promises of high returns from investing in crypto and other products, which the lawsuit described as “illusory.” When victims attempted to withdraw their balances, they would be asked to pay various fees to recover their investments and purported gains, according to the filing.
Related posts
-
Day-1 Crypto Executive Orders? Bitcoin Bulls Brace for Trump’s Big Move
Donald Trump’s administration is expected to pursue executive orders on day one to push cryptocurrency forward,... -
Crypto Exchange Binance Announces Support for New ‘Decentralized Science’ Altcoin Project
Binance, the top global crypto exchange by trading volume, is rolling out support for the new... -
$3,000 Gone Overnight: Bitcoin’s Slide Sparks Global Crypto Shakeup
Bitcoin’s value slid early Monday, dipping beneath the $94,000 mark. In the past 24 hours, a...