Silver Miller and the US law firm Levi & Korsinsky have filed a lawsuit against the developers of Altcoin Nano (NANO) and BitGrail for the exchange of cryptocurrencies in Italy, according to a notice published on January 7th.
Filed on the 3rd of this month by James Fabian individually and on behalf of all other interested investors, the lawsuit called Francesco Firano, Colin Lemahieu, Mica Busch, Zach Shapiro, Troy Retzer, the NANO Project and BitGrail as accused of the case. He was filed with the Northern California District Court.
In a controversial incident, over $ 180 million in Nano – calculated at the time of the event – disappeared from the exchange in February 2018.
The lawsuit asks the court to order Nano to perform a "rescue bunk" of the alleged Lost Nano "in a new cryptocurrency in order to compensate the class of victims fairly".
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The first legal action against NANO due to the modification of BitGrail was filed with the New York District Court. The actor, Alex Brola, also said that the NANO development team has prompted investors to buy digital assets before the hack. He also added that the team had an unregistered supply of securities. Brola had also asked the development team to release a recovery fork. However, the case was rejected by the court in October of last year.
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A user of Reddit and a holder of Nano have expressed their thoughts on:
"In this second case, shamelessly include some tweets, like this: https://imgur.com/a/8BcEAsC Also include one of Mica's memes gif.
I've never seen such stupid tweets included as part of litigation. They are literally struggling to put together a case.
The height of desperation to defraud Fabian (whoever he is) with false promises and lies.
There is no evidence for anything they say, including evidence that Fabian actually bought XRB on shitgrail. Instead they rely on Bomber's statement that was debunked by Jay (Nanex) like a bunch of lies.
They also state that Nano's software had bugs (based on Bomber's statement); I am not aware of the Red4Sec security check which can be used to contradict them
- Around 16 August 2017, the actor Fabian bought 1.62457112 bitcoins (BTC) on the Coinbase website (www.coinbase.com)) using a credit card. The total purchase price was $ 7,104.30 with every bitcoin worth $ 4,308.83
- On 22nd August 2017, the actress Fabian transferred the entire 1.62457112 BTC to Bittrex, a cryptocurrency exchange (www.bittrex.com).).
- On August 31, 2017, the actress Fabian opened an account on BitGrail and later transferred .66971933 BTC from her Bitcoin Bittrex portfolio to BitGrail. At the time, the BTC .66971933 was worth about $ 3,220.
- To open and manage your BitGrail account, the Actor has logged in to the BitGrail website at home and has followed the instructions provided.
- On September 1, 2017, BTC .66971933 became available on BitGrail and the actress Fabian used the entire sum to purchase approximately 21,143 XRB.
The above implies: Apparently Fabian had purchased the XRB even before the situation of the Bit Grail had evolved. When buying XRB, no one made any kind of statement to buy from Bitgrail (not even Zach, whose tweets were dated December / January). Fabian could have withdrawn funds at any time, but he blames his mistake on Nano developers.
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On 12 December 2017, the actress Fabian transferred $ 2,850.00 to BitGrail to buy another 2000 XRB.
BitGrail is not a legal exchange. He could not have transferred USD to Bit Grail. This is simply another lie.
I want to see Buttcoiners Silver Miller get lawsuit to lie several times. These guys shamelessly solicit business through reddit / twitter and try to make a case with provisions of obtuse titles that have no place in the crypt. Their litigation on Coinbase was even more fun, they actually included lucrative videos and stuff. "
What could it mean for Nano?
If Nano works as planned and marketed, ie a completely decentralized network without central failure points, the cause will have no effect on it. I mean, you can not really report a currency, do you?
However, like most of the altcoin project, Nano is heavily dependent on the Nano Foundation and the developers known to the public, which means that the individual seeds against them can seriously damage the future of the Nano coin, with a plausible possibility of a stagnation in its development, the suits bring unfavorable results for the defendants.
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The opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
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