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Bill Merewhuader et al v. SafeMoon LLC et al
Case Number:
2:22-cv-01108
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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June 09, 2022
Scott + Scott To Lead Consolidated Crypto Inflation Action
Scott + Scott Attorneys at Law LLP will serve as lead counsel in a consolidated proposed class action accusing executives at cryptocurrency wallet company SafeMoon of hyping the company's digital token, then selling off their stakes before trading volume tanked.
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February 18, 2022
Investors Say SafeMoon Artificially Inflated Crypto Token
Executives at cryptocurrency wallet company SafeMoon hyped up the company's digital token in order to pump up the price, then sold off their stakes before trading volume tanked, a group of token buyers told a California federal court.