Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: d-unknown on April 09, 2018, 02:53:03 PM



Title: Nano & Team Faces Class Action Lawsuit, Appeal For A Recovery Fork
Post by: d-unknown on April 09, 2018, 02:53:03 PM
A class action lawsuit has been filed against the Nano and its core team by a US law firm in behalf of the investors that alleges Nano of violating the federal security laws for unregistered selling of securities and leading investors to the exchange, BitGrail which suffered a hacking attack to lose million of XRB ( nano cryptocurrency  ) in February 2018.

Federal security law violation and misrepresentation of BitGrail reliability

A cryptocurrency investor law firm in the USA has filed a class action lawsuit against Nano (previously known as RaiBlocks (XRB) on behalf of Nano investors in the United States District Court, Eastern District of New York.

Read more here: https://coingape.com/nano-cryptocurrency-class-action-lawsuit/


Title: Re: Nano & Team Faces Class Action Lawsuit, Appeal For A Recovery Fork
Post by: tsaroz on April 09, 2018, 02:58:07 PM
Though NANO's specification and roadmap is quite attractive, can as well be too good to be true.
The coin had a very shady history, with changing it's terms multiple times. the faucet distribution system stopped without prior notice as well as maintaining it's own shady exchange.


Title: Re: Nano & Team Faces Class Action Lawsuit, Appeal For A Recovery Fork
Post by: timotron on April 10, 2018, 09:45:56 PM
Though NANO's specification and roadmap is quite attractive, can as well be too good to be true.
The coin had a very shady history, with changing it's terms multiple times. the faucet distribution system stopped without prior notice as well as maintaining it's own shady exchange.

Remember Dash?  (DarkCoin) Sometimes a shady history depends on view point.

This news can be dangerous ish...


Title: Re: Nano & Team Faces Class Action Lawsuit, Appeal For A Recovery Fork
Post by: dashunka on April 10, 2018, 10:05:10 PM
of course, this information still needs to be understood. but if it's true then scammers certainly need to be punished. and it's good news that investors are worried about us.