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Class Action Cases
The Crypto Company
On December 19, 2017, the Securities and Exchange Commission (“SEC”) temporarily suspended trading in the securities of The Crypto Company until January 3, 2018 after shares had risen more than 17,000% in less than three months. The SEC stated there were “concerns regarding the accuracy and adequacy of information in the marketplace” about compensation paid for promotion of the company and statements in SEC filings about plans of company insiders to sell their shares of The Crypto Company’s common stock. The SEC also announced that questions have arisen concerning potentially manipulative transactions in The Crypto Company’s stock in November 2017.
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