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The American law firm Burwick Law has filed a class action lawsuit against the parties involved with the M3M3 Token, alleging fraud.
Wu learned that the American law firm Burwick Law and Hoppin Grinsell are representing investors in a class action lawsuit filed in the Southern District of New York Federal Court against Ben Chow (founder of Meteora), Meteora, Hayden Davis, Gideon Davis (executives of Kelsier Ventures), CT Davis (executive of Kelsier Ventures), and Kelsier. The complaint alleges that the defendants were involved in fraud, securities fraud, and other illegal activities during the launch of the encryption Token M3M3.