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Canadian crypto firm Vanbex hit with class-action suit

Canadian crypto firm Vanbex hit with class-action suit – CoinGeek

Vanbex, a company out of Vancouver that introduced the Fuel cryptocurrency, has already come under fire for what has been alleged to be a fraudulent initial coin offering (ICO). It is already facing one lawsuit because of its actions and, according to new court documents, a second class-action suit has now been filed against the company and its owners, who reportedly used the investments to feed their own luxury lifestyles.