A law firm representing the victims of an alleged Ponzi scheme that promised high rewards of ‘Gemcoin,' a fake cryptocurrency, has filed a $100 million class-action lawsuit against 10 defendants involved in the scam. Merely days after the U.S. Securities and Exchange Commission (SEC) took down and charged Steven Chen, founder of USFIA - the company at the center of the pyramid scheme; a law firm has a $100 million class been filed on behalf of the victims. Gemcoin Gemcoin was touted as a new cryptocurrency to get investors to put their own money into USFIA. The investors were also encouraged […]
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