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Silver Miller (www.SilverMillerLaw.com) started a new collective legal action on behalf of investors in Nano / RaiBlocks (XRB), claiming that Nano and key members of its main team violated federal securities laws and, with their efforts to introduce XRB into a large investor market, they recklessly sent investors to open accounts and place their assets with a little known and troubled exchange of cryptocurrency called BitGrail, where $ 170 million of XRBs of investors “disappeared” in February 2018.
The Complaint states that Nano and its core team engaged in an unregistered offering and sale of securities that violated federal securities laws, including Sections 5, 12 (a) and 15 of the Securities Act of 1933, and have unjustly sent investors to BitGrail. The lawsuit asks the Court to cancel the investments of in XRB and requires Nano to “give a evasion” to the alleged XRB in a new cryptocurrency in order to compensate the victims fairly.
See also: Instant Exchange by Changelly
Silver Miller – the leading legal firm of cryptocurrency investors in America and the ALM / Daily Business Review 2018 continues to be a strong advocate for investors damaged by misrepresentations and illegal actions of cryptocurrencies and issuers. With pending actions against Coinbase, Kraken, BitConnect and Cryptsy exchanges and the lawsuits against the pre-functional ICO promoters of Monkey Capital and Giga Watt, Silver Miller is at the forefront of litigation against cryptocurrency and fights to protect the rights of investors .
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