Cryptocurrency Hedge Fund Sued for Abandoned ICO

Crime, ICO News, News | December 21, 2017 By:

Cryptocurrency investor law firm Silver Miller has filed a class action lawsuit against Monkey Capital, a Delaware-based company seeking to create a decentralized hedge fund.

The lawsuit, filed in the US District Court in Florida, alleges that Monkey Capital fraudulently promoted an initial coin offering (ICO) that violated numerous state and federal securities laws.