– Lawsuits over cryptocurrency losses are becoming more common.
– Many of these lawsuits are fueled by investors alleging that the coins were hyped and sold under false pretenses.
– Some of the lawsuits are proposed class-action suits, alleging that there had been pump-and-dump schemes involving celebrity promoters.
– Others have said the coins are unregistered securities and the issuers were deceitful.
– The overall trend of these lawsuits seems to show the industry’s troubles and successes.