BALESTRA v. CLOUD WITH ME LTD. et al

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Case Number:

2:18-cv-00804

Court:

Pennsylvania Western

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Mark R. Hornak

Firms

  1. March 30, 2021

    Crypto Co-Founder Can't Toss $10M ICO Default Judgment

    A co-founder of Irish cryptocurrency startup Cloud With Me Ltd., who is facing a certified class action lawsuit from investors over a $10 million initial coin offering, can't overturn a default judgment against him and dismiss the fraud case, a Pennsylvania federal judge has said.

  2. July 31, 2020

    Cloud With Me Investors Win Cert. In ICO Fraud Suit

    A Pennsylvania federal judge on Thursday certified a class of investors in Irish cryptocurrency startup Cloud With Me Ltd. in a suit accusing the company of conducting a fraudulent $10 million initial coin offering.

  3. March 13, 2020

    Cloud With Me Investors Seek Class Cert. In ICO Fraud Suit

    Investors in Cloud With Me Ltd. asked a Pennsylvania federal court on Thursday to certify their proposed class action accusing the Irish cryptocurrency startup of conducting a fraudulent $10 million initial coin offering.

  4. October 19, 2018

    Levi & Korsinsky Chosen To Lead Cryptocurrency Suit

    A man who invested nearly $140,000 worth of bitcoin into a Dublin-based cryptocurrency startup stepped forward to claim he had the largest financial interest in a proposed class action against the company, and a Pennsylvania federal court on Thursday certified him as the new lead plaintiff and Levi & Korsinsky LLP as lead counsel in the suit.