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Brock Pierce served for alleged security fraud at the presidential rally in New York

 
Brock Pierce served for alleged security fraud at the presidential rally in New York
Breaking News / Crypto Market
  • Brock Pierce was recently served for his connection to an alleged securities fraud during his campaign rally in New York earlier this week. 
  • The lawyer handling the case posted a video and announced the news on Twitter.

Brock Pierce, one of the hopefuls who is running for the president position was recently served for his connection to an alleged securities fraud during his campaign rally in New York earlier this week. Taking to Twitter, James Koutoulas posted this video with the following caption:

James has said that Brock was certain legal documents in connection with a class action lawsuit against a company that he co-founded, Block.One. This was the company behind EOS and its $4 billion initial coin offering. For those that have been in the industry for a while now, they will know that this is the biggest offering to date.

Pierce co-founded several projects within the crypto space as he is a big enthusiast of the industry. He is one of the few presidential candidates that is actually knowledged in cryptocurrency and blockchain technology meaning that if he got into office, the future of crypto could look up. 

Unfortunately, even Pierce has admitted that he knows he will never win the actual keys to the White House…

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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