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Burwick Investigates LIBRA Token Launch: Did a “Deceptive” Plan Empty Investors’ Bags?


by Ikemefula Aruogu
for CoinEdition

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Burwick: LIBRA Token Launch - Deceptive Scheme?
  • Burwick Law Firm has filed a class action against Kelseir, KIP, and Meteora.
  • The firm alleged that the defendants executed an unfair LIBRA token launch.
  • Burwick based its filing on an investigation carried out by its counsel.

Burwick Law Firm has initiated a class action in the Supreme Court of New York against Kelseir, KIP, and Meteora, alleging that the parties collaborated to orchestrate an unfair launch of the LIBRA token. 

The law firm claims the accused groups misled purchasers and harmed retail investors through a flawed process.

The law firm confirmed the filing in a recent post on X, noting that this isn’t the first time the defendants have been involved in similar actions. 

They allege that the defendants employed misleading market tactics to exploit participants and secure illegal gains. Furthermore, B…

The post Burwick Investigates LIBRA Token Launch: Did a “Deceptive” Plan Empty Investors’ Bags? appeared first on Coin Edition.

Read the article at CoinEdition

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Burwick Investigates LIBRA Token Launch: Did a “Deceptive” Plan Empty Investors’ Bags?


by Ikemefula Aruogu
for CoinEdition

Share:

Burwick: LIBRA Token Launch - Deceptive Scheme?
  • Burwick Law Firm has filed a class action against Kelseir, KIP, and Meteora.
  • The firm alleged that the defendants executed an unfair LIBRA token launch.
  • Burwick based its filing on an investigation carried out by its counsel.

Burwick Law Firm has initiated a class action in the Supreme Court of New York against Kelseir, KIP, and Meteora, alleging that the parties collaborated to orchestrate an unfair launch of the LIBRA token. 

The law firm claims the accused groups misled purchasers and harmed retail investors through a flawed process.

The law firm confirmed the filing in a recent post on X, noting that this isn’t the first time the defendants have been involved in similar actions. 

They allege that the defendants employed misleading market tactics to exploit participants and secure illegal gains. Furthermore, B…

The post Burwick Investigates LIBRA Token Launch: Did a “Deceptive” Plan Empty Investors’ Bags? appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0137

+1.52%

$ 0.00...361

$ 0.000223

$ 0.000161


Share:

In This News

Coins

$ 0.0137

+1.52%

$ 0.00...361

$ 0.000223

$ 0.000161


Share:

Read More

Brooklyn Man Indicted in $16M Coinbase Phishing Scheme Targeting 100 Users

Brooklyn Man Indicted in $16M Coinbase Phishing Scheme Targeting 100 Users

A 23-year-old Brooklyn man has been charged with orchestrating a massive crypto phish...
Jump Trading Hit With $4B Lawsuit Linked to Terraform Collapse

Jump Trading Hit With $4B Lawsuit Linked to Terraform Collapse

The court-appointed bankruptcy administrator handling the shutdown of Terraform Labs ...