let's go brandon crypto lawsuit


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This browser does not support PDFs. CISC De Ford and Bader are suing for fraud, theft, illicit enrichment, civil conspiracy, and violating the law Securities Law. The value of those coins back then was a meager $45,000; prices have remained about the same for the past 30 days. Last month, when former President Trump appeared on Harris podcast, he was presented with 500 billion of the new Lets Go tokens by Koutoulas. The group also claimed that the funds had been moved for security and tax reasons, and sent a vaguely threatening message to the moderator in which they stated that he should "discontinue the spread of false information in attempts to harm us and the project" and "resolve [concerns] privately as the terms of our contract are still ongoing and applicable". Koutoulas sent a document in February showing clear email exchanges between De Ford and other individuals affiliated with the mint, in which De Ford said he was inspired by what this token can do for our nation and offered to coin to market for free. Offers may be subject to change without notice. EMRG One of their networks, built on top of the Fuse chain, was exploited for crypto assets priced at around $3.6million. The anti-intellectual brigade hopped on the bandwagon and got duped out of their monies? That caused the price of the token to fall, and the class action lawsuit alleges insiders made things worse by selling their stakes. A webhook in our Discord was briefly compromised. Other Discords reported to be compromised include several other big-name projects including Doodles, which had previously endured a Discord compromise in late February.

In a subsequent email, the team member wrote that they would "love to send you a Lobby3 Member token", and that "our artist commissions weren't huge, but [we] would love to send you $500 for your time and effort". They went on to say that if they used his work, they would "negotiate a percentage of what we sell". A new class-action lawsuit filed by an investor in Trumpworlds favorite Lets Go Brandon meme coin claims that some of the tokens key players orchestrated a pump-and-dump scheme. Andrew and I are men of our words!)" The original Lets Go Brandon coin was inspired by a televised accident at a NASCAR race last year. . Your email address will not be published. Just hang in there with me. For a time, it looked like the cryptocurrency would become an official sponsor of Browns NASCAR team, but the deal was ultimately kaboshed. Consumer Protection PhoneR. Whoever was behind these transactions airdropped fake NFTs purporting to be a part of an upcoming BAYC metaverse land project, sending them to owners of pricey NFTs and various NFT influencers. All Rights Reserved |, Lets Go Brandon (LGB) crypto token at the center of a lawsuit. The news marks the latest bit of drama that has plagued the coin since its inception last year and which has persisted since the cryptocurrency relaunched in February. CEEU POL Sign up now. Oh no, whats wrong? Business RU Top Class Actions does not process claims and we cannot advise you on the status of a class action. The lawsuit alleged that the developers of the meme coin and others artificially inflated its value before selling their share for personal benefit. Harris did not immediately respond to The Daily Beasts request for comment. Jr. wrote in an April 7 tweet that garnered over 30,000 likes. That caused the tokens price to fall, and the class action lawsuit claims that insiders made things worse by selling their stakes. They then took the stolen assets and transferred them to the BNB and Ethereum chains, making them more difficult to recover. Read about more class action lawsuits and class action settlements: Note: Top Class Actions is not a responsible settlement manager or law firm. Koutoulas fired back at the allegations in text messages to The Daily Beast. Heavy botting caused gas fees to spike, and the project claimed there were issues with MetaMask's estimation of gas fees. The emails show Lietz asking whether artists would receive compensation for their work, and a project team member replying: "Yes any artist we select will receive a percentage of our revenue".

Lawyers for the plaintiff, an investor in the coin named Eric De Ford, alleged that the tokens executives and insiders made false or misleading statements and disguised their control over the coin. Last Updated on April 5, 2022 4:39 PM, National Association for Stock Car Auto Racing, LLC, Florida Deceptive and Unfair Trade Practices Act, Florida Securities and Investor Protection Act. Lets figure it out together. In response to the picture, Cawthorn had even written, "LGB legends tomorrow we go to the moon!" The case says that within weeks of Browns Talladega win, 330 trillion LGB tokens were minted by LGBcoin.io. Just suing. It's not clear whether the NFT can perform malicious actions, or if any individuals have been impacted by it if so. He endured Missouri long enough to graduate from Washington University in St. Louis School of Law. caused the coins value to fall abruptly for other crypto holders. Dogecoin. sport- Stay tuned @letsgo, Trump. My Rune Scimitar became a Chaotic Rapier and I bought enough Dragon Bones to turn my void pure into a Turmoil Berserker like this one. NASIA GME. A time when it cost you?

nba We caught it immediately but please know: we are not doing any April Fools stealth mints / airdrops etc. Class action lawsuit filed against "Let's Go Brandon" coin creators for alleged pump-and-dump, Brandon Brown poses with LGB coin branded car before sponsorship deal is cancelled, A class-action lawsuit filed by Missouri investor Eric De Ford claims that the people behind the pro-Trump "Let's Go Brandon" (LGB), "Lets Go Brandon Meme Token Creators, Promoters Hit with Class Action Over Alleged Pump and Dump Scheme", "Lets Go Brandon Coin: NASCAR, Brandon Brown, Candace Owens sued for promoting failed crypto in pump-and-dump scheme", Apparent scammers drop NFTs appearing to be from the Bored Ape Yacht Club project, An apparent scammer was able to create transactions that appeared as though they were coming from the, "Beware: This Fake BAYC Metaverse Land NFT Exploits OpenSea Bug", Discord servers of several big-name NFT projects including Bored Apes and Doodles are compromised, Another day, another Discord compromiseor in this case, many Discord compromises. Copyright 2022 | Powered by Astra WordPress Theme. Lets Go Brandon cryptocurrency turns into total dumpster fire. Wallstreetbets and memeing the rich out of their hard-exploited coin had its hayday. Accept Read More, 2022 - Cryptured.com. A number of former President Donald Trumps most loyal fans bought into the crypto hype, only to see the value of their investments plummet. The lawsuit stated that the misleading promotions and celebrity endorsements artificially boosted the interest in the price of the LGB tokens during the relevant period. Evidently his perspective on the coins management quickly changed. Russia The former head moderator of the Cosmic Cowgirls NFT project Discord, Esh, wrote on Twitter that that the project team had fired all moderators and scrapped all of their roadmaps. A new class action lawsuit filed by an investor in Trumpworlds favorite meme coin Lets Go Brandon alleges that some of the tokens key players orchestrated a pump-and-dump scheme. You should contact the Settlement Officer or your attorney with any questions about the status of your claim, the claim form, or questions about when payments are expected to be sent. Donald Trump Jr. who publicly sold the coin was not named, however. He is a former boatbuilder who cannot swim, a published author on critical race theory, philosophy, and humor, and has a love for cycling that occasionally annoys his peers. . But a NASCAR employee signed off the agreement before the company took a u-turn and blocked the deal. The coin subsequently rose by 75 percent. Trumpworld Crypto Coin Sinks After Trump Gets Involved. COVID-19 NASCAR driver Brandon Brown and his racing company are locked in a class-action lawsuit alleging that he was involved in a scheme to launch a cryptocurrency that would reach inflated value and then collapse. They are looking to represent anyone who bought LGBCoin between November 2, 2021, when the coin was launched, and March 15, 2022, when the price dropped. In fact, he thinks it looks downright regulatable. People wound up making transactions that ran out of gas before completing, meaning they lost their gas fees and did not successfully receive any NFTs. The news marks the latest piece of drama that has plagued the coin since its inception last year and has continued since the cryptocurrencys relaunch in February. All Rights Reserved. Tens, hundreds, however many they could afford. Get class action lawsuit news sent to your inbox sign up for ClassAction.orgs free weekly newsletterhere. A source close to Trump Jr. with direct knowledge told The Daily Beast that Trump Jr. hasnt entered into any agreement with the Lets Go Brandon coin. This #ad has one purpose and its to let you know that free speech is about to make a major comeback. Stay tuned @letsgo, Trump. No JavaScript? The complaint says they falsely endorsed the meme coin on social media while concealing their ownership of substantial amounts of the highlighted asset. And that's illegal." Let us know in the comments. )", "Ola Finance on Fuse Network suffers $3.6 million hack", Creator of apparent $21million Bored Bunny rug pull miraculously resurfaces following DOJ action against a different rug pull, Many had written off the Bored Bunny NFT project (and its subsequent spin-off NFT collections) as a, Popular blockchain game Axie Infinity suffers a $625million exploit, possibly the largest in defi history, "Community Alert: Ronin Validators Compromised", "Axie Infinitys Ronin Network Suffers $625M Exploit", "The Axie Infinity hack, what happened, and why people keep talking about bridges", Would-be collectors of new Pak NFTs lose thousands of dollars in gas fees on failed transactions. Sports However, days later, NASCAR announced that LGBCoin had been rejected as a sponsor of BMS. Photo illustration by Thomas Levinson/The Daily Beast/Getty. Boris Johnson According to ClassAction.org, the LGB meme token has been slammed with "pump-and-dump" allegations and a lawsuit: "A class action alleges the creators of the 'Let's Go Brandon' token and several other individuals have misleadingly promoted the crypto asset to artificially inflate its value before selling their portions for personal gain. CWP After going viral, the phrase became synonymous with criticizing president Joe Biden. At the end of December, LGBCoin and Brandonbilt Motorsports announced that the digital currency would be the primary partner for the companys full season in 2022, according to the Lets go Brandon class action. The 77-page lawsuit over the alleged pump-and-dump scheme claims that the creators of the LGB token and their company, LGBcoin.io, enlisted NASCAR, Brandonbilt Motorsports, driver Brandon Brown and conservative figures such as Candace Owens and David J. Harris, Jr., among others, to misleadingly endorse the meme coin over social media while disguising their control over substantial amounts of the asset that were available for public trading. he added. Some people seemed happy with this solution, while others were upset that they missed their chance to obtain an NFT they wanted as a result of the problems. Where does the phrase "Let's Go Brandon" come from? manifold.xyz, the group behind the mint, reported that they planned to reimburse people who lost gas trying to mint NFTs. 6: 22-cv-00652, in US District Court for the Central District of Florida. I dont know exactly what it means, but it sounds good to me. It is unclear whether the former president eventually accepted the tokens. For a litigant and attorney like Mr. Koutoulas to expose himself to possible charges of defamation and take disciplinary action in response to his name in a thoroughly investigated and well-substantiated federal lawsuit is consistent with the same bad judgment alleged in the complaint. Ill be honest this one is gonna be a little different. dailymail Sky Mavis announced that they had halted the Ronin Bridge and Katana DEX, and were making changes to their network to try to guard against future attacks. Read more here: Camp Lejeune Lawsuit Claims. A number of former President Donald Trumps most loyal fans bought into the crypto hype, only to see the value of their investments plummet. Your email address will not be published. Beyond that, I myself lost money on the coin which removes me unequivocally from any notion of an inside pump and dump scheme.. Actually, hes not saying anything. The case alleges NASCAR has been complicit in LGBcoin.ios and the promoters actions given its failure to take any meaningful steps to distance itself from the initially agreed-upon sponsorship. London A number of loyal fans of former President Donald Trump bought into the crypto hype, but saw the value of their investments plummet. A Florida federal judge dismissed a proposed class action lawsuit on Monday over Lets Go Brandon Coins, a meme cryptocurrency referencing the slogan used to criticize President Joe Biden, as a shotgun pleading. EUROP During his victory speech, the crowd began chanting "F Joe Biden." Some of Trumplands most vocal influencers got behind the coin and subsequently were named in the class action suit, including Owens and Harris. Breaking news According to the lawsuit, the creators of LGBCoin met with NASCAR executives days after the coin was launched to discuss whether the cryptocurrency could become an official sponsor for Brandonbilt Motorsports. Lets Go Brandon became a popular hymn and meme in October 2021 when NBC Sports reporter Kelly Stavast interviewed Brown after the NASCAR race at the Talladega Superspeedway in Alabama. Years would pass and Id stick with it. I dont know exactly what it means, but it sounds good to me. It is unclear whether the former president ultimately accepted the tokens. Tried to drain the swamp and drained their assets? Your purported friends are IEX are not actually your friends, dear retail investors, sayeth Ken Griffin. For a while, it looked like the cryptocurrency would become an official sponsor of Browns NASCAR team, but the deal was eventually quashed. The previous roadmap had promised gamification, meetups, merchandise, comics, an animated series, and all sorts of other things, though no headway appeared to have been made on any of them. Merch clans would pick some goofy item, say a Dark Bow, and tell a bunch of impatient, easily swayed noobs to buy as many as they could. Maybe these folks should have played Runescape instead of presumably yelling slurs in Call of Duty lobbies or like, having irl friends or something. Learn more about a Bloomberg Law subscription. A source close to Trump Jr. with immediate knowledge, The Daily Beast told Trump Jr. has not entered into an agreement with the Lets Go Brandon coin. Brandonbilt Motorsports driver Brandon Brown, Candace Owens, and David Harris. Brown says prosecutors have not substantiated allegations that he was involved in a scheme to make the digital currency LGBCoin rise and then crash. It's unclear if anyone lost money to the fake links posted by seemingly-official Discord accounts, or how much, but these types of attacks often lure in at least some victims, and the higher-priced NFT projects like Bored Apes and Doodles enable scammers to ask for quite a lot of money without raising an eyebrow. A meme coin intended to own the libs has now spawned a class-action suit from an investor who says he lost all his moneyand Trumpworld names are among the defendants. Jr and others, including NASCAR, have been listed in the lawsuit. The spiking gas fees meant some people lost a considerable amount of moneypeople reported failed transactions that cost them amounts ranging from 0.1 and 0.8ETH (between $338 and $2,700). The Lets Go Brandon (LGB) token is the subject of a proposed class action lawsuit that alleges the creators of the meme coin and several others have misleadingly promoted the cryptocurrency asset in order to artificially inflate its value before selling their portions for personal gain. Growing up, I forgoed much social interaction to play Runescape, a massively multiplayer online role playing game where rune scimitars and adamant arrows were the chosen armaments of warriors. Ukraine Camp Lejeune residents may soon have the opportunity to claim compensation for harm suffered from contaminated water. The value of those coins then stood at a measly $45,000; prices have stayed roughly flat over the past 30 days. ASXPAC Standard

Market Realist is a registered trademark. On Oct. 2, 2021, Nascar driver Brandon Brown won the Sparks 300 at Talladega Superspeedway in Alabama. Do not mint anything from any Discord right now. ua The announcement caused the price of LGBCoin to skyrocket, the plaintiffs claim, resulting in the coin costing more than five times what it was when it was launched. Save my name, email, and website in this browser for the next time I comment. Outside parties have suggested the issue was not with MetaMask, but rather with a poorly-implemented smart contract.

Before commenting, please review our comment policy. Please download the PDF to view it: Download PDF. He added, "I think there is a very strong possibility that if someone is going to investigate this, they're going to find something. Pak is an extremely popular digital artist, and his newest collection boasted collaborators including Pussy Riot, Paris Hilton, and others. On July 5, Brown and his company, Brandonbilt Motorsports LLC, asked U.S. District Judge Paul G. Prosecutors Eric D. Ford and Sandra Bader filed a class-action lawsuit against the founders of LGBCoin, Brown and his company in April. MLB Check out the Web1.0 version of the site to see more entries. The Department of Justice and the SEC are now looking into whether insider trading occurred. Now, these always uncertain waters seem a little more dangerous for those who choose to step foot in them. payments. What do you think of the accusations in this case? Copyright 2022 Market Realist. The lawsuit looks to represent all individuals who, between November 4, 2021 and March 15, 2022, bought Lets Go Brandon tokens and were subsequently damaged. By taking advantage of a re-entrancy vulnerability, the attacker was able to take loans on the platform, then withdraw the collateral without paying back the loans. Prior to joining the staff, he moonlighted as a minor Memelord in the Facebook group Law School Memes for Edgy T14s. The Cosmic Cowgirls team hit back with accusations against the head moderator, accusing him of falsifying allegations against the project out of anger at being fired along with the other moderators. Entertainment After driver Brandon Brown won the event, the crowd loudly chanted F*ck Joe Biden, which an NBC reporter inaccurately relayed as Lets Go Brandon. The slogan soon caught on as a pro-Trump rallying cry and a critique of what his fans perceived as media bias. Your email address will not be published. He became aware of the sell-off in January. In addition, I lost money on the coin myself, which unequivocally removes me from any idea of an inside pump and dump scheme.. In a statement, a lawyer representing the plaintiff, Aaron Zigler, attempted to refute Koutoulas version of events. They also wrote that they were "working with law enforcement officials, forensic cryptographers, and our investors to make sure all funds are recovered or reimbursed".

The whole breakdown of Circles $55.7B USDC reserves is disclosed. A lawsuit is pending against the "Let's Go Brandon" (LGB) cryptocurrency and the people behind it, including James Koutoulas, NASCAR driver Brandon Brown, Candace Owens, David Harris, Jr., and a slew of others. As ClassAction.org writes, the lawsuit maintains that for meme coins to be successful, they need "community sentiment" and that these coins are "generally marketed toward nave investors" who do not understand "highly speculative, unregulated investments. The misleading promotions and celebrity endorsements were able to artificially increase the interest in and price of the LGB Tokens during the Relevant Period, causing investors to purchase these losing investments at inflated prices.. Coinbase Slams SEC Over Insider Trading Issue, Jaylen Brown can learn from Kawhi Leonards development as a ball coach to improve next season, Bandon Dunes offers golf ties to many American Junior Am competitors, The Braves Return to Action is about to reach 2 million people, 49ers news: Trey Lance is (hopefully) playing pre-season football in exactly 3 weeks. You cant solicit funds for a business opportunity, abandon that business and abscond with money investors provided you.". Others paid sufficient gas, but ran into other errors with the contract that meant they didn't get an NFT. Corrado Rizzi is the Managing Editor and a writer for ClassAction.org. Games do prepare you for the real world. At least the broke ones like me.

NFT community under attack, Yuga Labs warns. All information will be confidential unless you request otherwise.

Pag-IBIG Fund finances 8,471 homes for low-wage earners in H1 2022, As Shamshera Opens, Bollywood Hopes It Can Stage A Recovery In 2022 Deadline, Why inappropriate books are the best kind to read, San Jose Sharks finalizing details to make David Quinn next head coach, sources say, Jennifer Lopez & Ben Affleck Kiss In Front Of Violet In Paris Hollywood Life. For more of the latest in litigation, regulation, deals and financial services trends, sign up for Finance Docket, a partnership between Breaking Media publications Above the Law and Dealbreaker. Prosecutors say the statement caused the rate of LGBCoin to drop by 63%. According to the complaint, the phrase was sparked from amisunderstandingthat occurred between Brown and NBC Sports reporter Kelli Stavast after the driver won a NASCAR Xfinity Series race at the Talladega Speedway in October 2021. The next time you lot wanna make money moves, try not to get scammed maybe? According to the Washington Examiner, Brown posted in Dec. 2021 that the meme coin was going to be one of his sponsors, and LGB coin creator James Koutoulas commented on that post. Let me hear it at cwilliams@abovethelaw. Europe That's cool too! Case No. Tracing the transactions back showed an OpenSea profile with a fake "verified" badge and a mint link to what appears to be a phishing website, which invites people to connect their wallets to supposedly mint their own BAYC land NFTs. The name of the Lets Go Brandon token stems from a political phrase used by many as a coded way to express displeasure with President Joe Biden, the lawsuit relays. Overview of NASCARs Lets Go Brandon Class Actions: NASCAR driver Brandon Brown and his company asked a judge to dismiss a class action lawsuit against them. Between December 30, 2021 and January 4, 2022, the tokens value sank by 63 percent after NASCAR executives announced that they had changed [their] minds about allowing the coins creators to sponsor Brown, the lawsuit relays. De Ford and Bader are represented by Aaron M. Ziegler and Robin Horton Silverman of Ziegler Law Group LLC. James Koutoulas Jeffrey Carter Erik Norden Alex Mascioli Island Liquidity, LLC Brandon Brown Brandonbilt Motorsports, LLC National Association for Stock Car Auto Racing, LLC Candace Owens David J. Harris Austen Fletcher Brendon Leslie, Florida Deceptive and Unfair Trade Practices Act Florida Securities and Investor Protection Act, New to ClassAction.org? And where did I buy those thousands of Dragon Bones you might be asking? Largely, meme coin prices and trading volume depend on community sentiment and celebrity tweets, the suit says, and the assets are generally marketed toward nave investors with little understanding of the risks associated with highly speculative, unregulated investments such as cryptocurrencies, according to the case. Life continued and I thought Id never need those lessons again that was until I found out that the stock market, shorts, and insider trading were real things. Per the filing, the LGB token had a trading value of $0 by January 28, 2022. Log in to access all of your BLAW products. Culture The whole breakdown of Circles $55.7B USDC, Three explanations for Polygons (MATIC), 34 crypto and forex enterprises are classified as, Kevin OLeary, the crypto markets must reach, Market Watch July 22: Bitcoin runs back and forth. That a litigant and lawyer like Mr. Koutoulas would expose himself to potential defamation claims and bar discipline in response to being named in a thoroughly researched and well-founded federal lawsuit is consistent with the same poor judgment alleged in the Complaint, he added. Should have spent more time securing your finances and less listening to a dude thats gone bankrupt more times than hes refused black tenants a place to live. By February, the coins market value had fallen more than 99 percent from its peakleading a number of its key players to hash out a plan to rebrand and relaunch. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. It prompted investors to purchase the losing investments at inflated prices. Read our Newswire Disclaimer. According to the suit, the companys co-founders, which include conservative commentor Jeffrey Carter, Erik Norden, Alex Mascioli and James Koutoulas, created the asset purportedly to inspir[e] positivity and patriotism and to support America and the American dream. To entice potential investors, the suit says, LGBcoin.io and its execs repeatedly touted the tokens connections to Brown and NASCAR, among several other supposed national sponsorships and partnerships, and bragged that the company had donated hundreds of thousands of LGB tokens to conservative causes. Vladimir Putin The aggressive marketing strategy hasnt slowed.

Sounds good to me! Trump replied. Three explanations for Polygons (MATIC) +100% gain in a bad market. Lietz replied to say that the DAO's NFT fundraising appeared to have raised at least $790,000, and that $500 was an unfair amount (although I suppose 0.06% is technically "a percentage"). In a statement, a lawyer representing the plaintiff, Aaron Zigler, sought to rebut Koutoulas version of events. - Rick Roderick on Nietzsche, and maybe Dogecoin? The whole breakdown of Circles $55.7B USDC reserves, Three explanations for Polygons (MATIC) +100% gain in, Kevin OLeary, the crypto markets must reach a, Market Watch July 22: Bitcoin runs back and forth $22,000. Save my name, email, and website in this browser for the next time I comment. AMC. TOPNWS Some of Trumplands most vocal influencers were behind the medal and subsequently named in the class action series, including Owens and Harris. Subscribe now. Follow updates on Twitter, Mastodon, or with RSSCreated by Molly White (Twitter, Website). The news marks the latest bit of drama that has plagued the coin since its inception last year and which has persisted since the cryptocurrency relaunched in February. My virtual landscape grew as I did. ", A post shared by James Koutoulas (@jameskoutoulas). The plaintiffs are individuals who invested in LGBCoins and are alleging securities fraud and other claims against a wide variety of defendants, including NASCAR and professional race car diver Brandon Brown, who allegedly engaged in a pump-and-dump scheme. Unigrid attends the Dubai Crypto Expo Event 2022, EU targets crypto assets in its latest round of sanctions on Russia. GEN Madison Cawthorn might be investigated for insider trading regarding the coin, too. The Lets Go Brandon (LGB) cryptocurrency token has found itself at the center of a lawsuit for engaging in a pump-and-dump scam. One moment hes praising our vision and offering to promote the coin, now suddenly, hes filed a bizarre conspiracy claim, Koutoulas said. As the idiots bought up the useless item, the price would increase in response! However, Brown argues that the plaintiffs never explained in their lawsuit how he and his company were involved in the alleged scheme. As such, Koutoulas frantically bought $70,000 worth of LGB tokens in an effort to stabilize the coins price. The defendants included the Trumpy hedge funder James Koutoulas, NASCAR, and conservative media personalities Candace Owens and David Harris Jr., among others. Moreover, the lawsuit highlighted that Lets Go Brandon is a political expression that many people have used to indicate dissatisfaction with US President Joe Biden. Anyway, nice job Andrew and team! Some who did successfully receive NFTs also claimed to have lost value as a result of the rocky mint, which they said contributed to a lower-valued NFT. Get the Daily Beasts biggest scoops and scandals straight to your inbox. Stay informed and get unlimited access to Daily Beasts unparalleled reporting. Bored Apes wrote on their Twitter account in the early hours of the morning, "STAY SAFE. ", Nate Chastain, executive who was canned from OpenSea for alleged insider trading, creates a new NFT platform, "OpenSea Exec Who Quit After Insider Trading Scandal Is Back With NFT Platform", Former Cosmic Cowgirls head community moderator accuses the project of rug-pulling. Video Eric De Ford, the plaintiff, stated in the lawsuit that a pump-and-dump scheme was perpetrated by the creators of the LGB token and their company LGBcoin.io. On a little thing called the Grand Exchange which, oddly enough, taught me about supply, demand, and merch clans. Learn how your comment data is processed. Lets talk cash for a bit. You can reach him by email at cwilliams@abovethelaw.com and by tweet at @WritesForRent.