Press Release
Own this piece of crypto history

Collect this article as NFT

On Aug. 9, 2021, Roche Freedman LLP, a law firm that represents clients in some of the most significant disputes in the crypto space, filed a class-action lawsuit against the Dfinity Foundation, Dfinity USA Research LLC and Dominic Williams, in federal court in California. The lawsuit alleges that Dfinity, the company behind Internet Computer, misled investors into believing that Dfinity and its insiders would not — and could not — sell their ICP tokens on May 10, 2021, the day that ICP first became tradable on exchanges, or in the weeks that followed. In reality, as alleged, Dfinity and its insiders could — and did — sell massive amounts of ICP during that period, thus securing substantial profits for themselves at the expense of outside investors, while causing the price of ICP to collapse.

If you purchased ICP on or after May 10, 2021, and lost money, we encourage you to contact Kyle Roche (kyle@rochefreedman.com) or Edward Normand (enormand@rochefreedman.com) at Roche Freedman LLP.

This publication is sponsored. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Related News

How to buy NFTs without owning crypto

Onkar Singh
2023-03-27T09:29:03+01:00
ad

Bridging virtual and real economies with blockchain gaming — Interview with Gold Fever

‘How did this happen’ — Powell says Fed stumped over the collapse of SVB

Brayden Lindrea
2023-03-23T02:36:36+00:00

Breaking: Binance CEO CZ rejects allegations of market manipulation

Brayden Lindrea
2023-03-28T00:00:31+01:00

OKX plans Australian expansion, citing ‘huge appetite’ for crypto

Brayden Lindrea
2023-03-30T06:30:00+01:00

Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1

Brayden Lindrea
2023-04-05T02:08:51+01:00

Follow us on Facebook