Investors file $100M lawsuit against Cere Network for fraud, token-dump scheme

A group of investors filed a $100 million lawsuit on Tuesday in a US federal court against executives of the San Francisco blockchain data project Cere Network. The complaint accuses insiders of fraud, racketeering, and orchestrating a token dump after the 2021 launch. According to the plaintiffs, the business prospects, token restrictions, and customer traction […] source: https://www.cryptopolitan.com/cere-network-fraud-token-dump-scheme/