Presidential candidate Brock Pierce was served for his connection to alleged securities fraud throughout his marketing campaign rally in New York Metropolis earlier at present.
James Koutoulas, the lawyer main this case, advised Cointelegraph that Pierce was served authorized paperwork in reference to a category motion case towards Block.One — an organization that Pierce co-founded. Block.One was the corporate behind EOS’ $four billion preliminary coin providing. The undertaking’s ICO was the biggest such providing to this point.
Brock Pierce has co-founded plenty of crypto tasks together with EOS, Tether, and Blockchain Capital. The primary two have been topic to ongoing authorized actions for plenty of years.
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