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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
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Updated Notice on Lawsuit Against Monkey Capital ICO and Daniel Harrison

CORAL SPRINGS, Fla., March 8, 2018 /PRNewswire/ -- Silver Miller (www.SilverMillerLaw.com) -- the leading cryptocurrency investor law firm in the country, with actions currently pending against the Coinbase, Kraken, BitConnect, and Cryptsy exchanges as well as the first federally-filed class action lawsuit against heavily-embattled Tezos and its billion dollar July 2017 Initial Coin Offering (ICO) -- is currencly prosecuting a civil action on behalf of a group of individuals who contributed bitcoin and other cryptocurrency to the scheduled-but-cancelled 2017 Monkey Capital ICO.  The lawsuit was filed in the United States District Court for the Southern District of Florida and is captioned Hodges, et al. v. Monkey Capital LLC, et al., Case No. 9:17-cv-81370-DMM (the "Lawsuit").  Although the Lawsuit was originally filed as a putative class action, the case has since limited its reach to merely the claimants named in the Lawsuit, who seek the return of the millions of dollars' worth of cryptocurrency they invested with Monkey Capital.  A copy of the Amended Complaint filed in the Lawsuit can be seen here:

2018-3-7 -- DE 28 - AMENDED COMPLAINT

As alleged in the Amended Complaint, Monkey Capital LLC, Monkey Capital Inc., and the companies' founder and principal (Daniel Harrison) fraudulently promoted an ICO and engaged in an unregistered offering and sale of securities that violated numerous state and federal securities laws.  The Lawsuit pleads that the Court rescind all investments in Monkey Capital; return to the investors their cryptocurrency; require Monkey Capital to account for all funds raised from investors; and adjudicate that Monkey Capital and Mr. Harrison violated multiple securities laws when they promoted and abruptly abandoned the unregistered, pre-functional ICO.

If you invested in Monkey Capital or another one of Daniel Harrison's cryptocurrency offerings such as Futereum and you have any questions concerning your rights or interests as they relate to your investment, or if you wish to participate in the Lawsuit, you are encouraged to contact David C. Silver of Silver Miller at (954) 516-6000 or DSilver@SilverMillerLaw.com to discuss your matter.

Contact:
David C. Silver
Silver Miller – Managing Partner
Florida 954-516-6000
Maryland 240-516-6000
Washington, D.C. 202-852-6000
E-Mail: DSilver@SilverMillerLaw.com

 

Cision View original content:http://www.prnewswire.com/news-releases/updated-notice-on-lawsuit-against-monkey-capital-ico-and-daniel-harrison-300611290.html

SOURCE Silver Miller

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Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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