Law firm Silver Miller specializing in litigation in the cryptocurrency industry, filed a lawsuit against trader Jeremy Spence in U.S. Federal court. The document States that Spence created the cryptocurrency pyramid Coin Signals.

As stated in the press release, Spence attracted investments for their hedge funds, claiming that he is a professional trader. At the peak of Coin Signals he allegedly ran $5 million.

However, Silver Miller believe that actually Spence organised a classical financial pyramid, in which early investors receive payments later and no hedge funds had never existed.

Note that in the portfolio at the Silver Miller claims against Coinbase, Kraken, Cryptsy and Bitconnect.

We will remind, earlier it became known that the founder of ICO-startup TenX Julian Hosp really involved in the activities of financial pyramids Lyoness.

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