Brock Pierce Served With Securities-Fraud Papers at Campaign Rally

Veteran figure in the Bitcoin industry and billionaire Brock Pierce was served documents in a securities-fraud case during a campaign rally in New York. Before that, he had been avoiding plaintiffs’ representatives.

Our team served @brockpierce for securities fraud at his rally in NYC.

Pro tip- when you’re trying to avoid getting served for a multi B fraud case, maybe lay off outlandish presidential campaigns pic.twitter.com/ZZEsilzOzJ

— James Koutoulas (@jameskoutoulas) September 14, 2020

Video recording was published by a lawyer and Typhon Capital Management CEO James Koutoulas. According to him, the former Block.one project adviser refused to receive legal documents through a lawyer.

“When you’re trying to dodge prosecution in a securities-fraud case, perhaps it’s better to postpone the odd presidential campaign,” said Koutoulas.

Earlier, a class-action lawsuit was filed against Block.one CEO Brendan Blumer, the startup’s CTO Daniel Larimer, former partner Ian Grigg, and former adviser to Brock Pierce’s project.

EOS investors claim that in their effort to raise large sums from the sale of unregistered securities, Block.one representatives provided false information.

On July 5, Brock Pierce announced his bid for the United States presidency as an independent candidate. His campaign runs under the slogan “Leadership. Experience. Values.”

Follow ForkLog news on Telegram: ForkLog FEED — the full feed of news, ForkLog — the most important news and polls.