Florida Ponzi Scheme Representative of Disruption in Cryptocurrency Industry, Class Action Attorney Says | Daily Business Review – Law.com

Florida Ponzi Scheme Representative of Disruption in Cryptocurrency Industry, Class Action Attorney Says | Daily Business Review – Law.com

Blockchain Crypto Market Technology
June 16, 2022 by Coinvasity
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NEWS
The main selling point of Empires X was a trading bot that utilized an algorithm that promised investors it would deliver a 1% return on investment each day, according to the complaint.
June 14, 2022 at 03:08 PM
4 minute read
Class Actions
A Coral Gables attorney has filed a class action complaint centered around what he says is a “well-orchestrated cryptocurrency Ponzi scheme” that’s emblematic of the scams running rampant in South Florida.
The class action lawsuit, filed in Miami-Dade Circuit Court, claims the scheme cost vulnerable victims tens of millions of dollars.

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