France-based ICO Sued by Wallet Provider Blockchain

France-based ICO Sued by Wallet Provider Blockchain

Paymium sued by wallet provider Blockchain for using a misleading statement to lure investors to participate in its BLOCKCHAIN.IO branded ICO. The spokesperson of Blockchain Company explained, “Given the current climate of SEC enforcement and scam ICO’s, when users and investors alerted us to this confusion, we needed to step up and take action before any further harm was done.”

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