Class Action Suits Launched Against Cryptocurrency Mining Investment …


The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. The suits allege that between October 9, 2015 and September 7, 2018, the company violated laws set forth by the Securities Exchange Act of 1934 that resulted in damages to several of its clients.

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Between 2013 and April 2016, MGT described itself as “engaged in the business of…

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