Today news
About the same in other media
Aussie firm to launch $100M class action over dodgy QOIN token
Reading now: 317
The issuer of a controversial cryptocurrency that can only be sold in batches of $125 daily on a single exchange is facing pushback from an Australian law firm.
Queensland-based law firm Salerno Law plans to file a lawsuit accusing BPS Financial Limited — the company behind the QOIN token — of engaging in misleading and deceptive conduct, pyramid selling of financial products, and failing to comply with financial services regulations. The lawsuit will seek $100 million in damages.
Salerno Law, which specialises in crypto disputes, started collecting expressions of interest from investors and merchants who had incurred losses as a result of the seemingly arbitrary limits placed on QOIN sellers last week.
QOIN tokens are issued on the company’s
Read more on cointelegraph.comAbout this in other media
These trends will influence XRP’s price action over upcoming trading sessions ambcrypto.com /2 years ago
BlackRock’s iShares boss says the firm is in no hurry to launch crypto ETFs fnlondon.com /2 years ago
British water firms ordered to repay £67m over missed targets theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
