Fabian v. NANO F/K/A Hieusys, et. al

Case No: 3:19-cv-00054

• Class action lawsuit against U.S.-based blockchain developers and cryptocurrency issuer Nano f/k/a RaiBlocks alleging unregistered offer and sale of securities (XRB) and negligence in ushering XRB investors to open accounts and stake their assets at small Italian cryptocurrency exchange BitGrail, where $170 million of XRB were declared “missing” in February 2018.

• Representing investors who transferred fiat currency or cryptocurrency to BitGrail to invest in XRB from October 24, 2015 - February 8, 2018.  The lawsuit seeks to recover recissory, compensatory, punitive and injunctive relief under Sections 12(a)(1) and 15(a) of the Securities Act and various state and common law claims against NANO, certain of its top officials, certain influential promoters that received compensation in exchange for selling XRB or soliciting the general public to purchase XRB, and its partner BitGrail.  

• Class Action Complaint