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Auctus Fund, LLC et al v. Sunstock, Inc.
Case Number:
1:18-cv-12568
Court:
Nature of Suit:
Judge:
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September 23, 2019
Purported Metals, Real Estate Co. Must Repay Investors
A pair of investment firms will get their money back from a California-based company that claimed to have interests in residential properties and silver stockpiles but was actually buying cryptocurrency before defaulting on a loan, according to a Massachusetts federal judge's order on Monday.
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December 14, 2018
Investors Accuse Calif. Company Of Concealing Crypto Focus
Investors in Sacramento, California-based Sunstock Inc. filed suit against the company Thursday in Boston federal court, saying it told the public it had a retail store, residential properties and a stockpile of silver when actually it was putting resources into crypto tokens.