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Burwick Law Seeks to Serve $4.4 Billion Cryptocurrency Lawsuit via NFT

Summary: According to Protos, cryptocurrency law firm Burwick Law is looking to serve a $4.4 billion cryptocurrency lawsuit to a Dubai real estate developer using NFTs. The company filed a lawsuit last December against seven defendants, including Peter McInnes, alleging they stole over $450 million of investor funds through a cryptocurrency-based Ponzi scheme. Burwick Law is ...

According to Protos, cryptocurrency law firm Burwick Law is looking to serve a $4.4 billion cryptocurrency lawsuit to a Dubai real estate developer using NFTs. The company filed a lawsuit last December against seven defendants, including Peter McInnes, alleging they stole over $450 million of investor funds through a cryptocurrency-based Ponzi scheme. Burwick Law is seeking to serve the lawsuit documents to hard-to-reach defendants through NFTs, believing it is appropriate due to the alleged Ponzi scheme's reliance on social media promotion and NFT sales. Previously, Burwick Law represented its clients in a lawsuit against Kelsier Ventures, KIP Protocol, Meteora, and others in the New York Supreme Court regarding the issuance of LIBRA tokens. The class action lawsuit accuses the defendants of orchestrating an unfair token issuance scheme, misleading buyers, and harming retail investors' interests.

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