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QASH-USD.CC
id: 545
QASH Unregistered Securities $80 mn Sale Case
In late 2017, crypto exchange Liquid.com conducted the largest IEO (Initial Exchange Offering) in Asia with more than $80 million in QASH.
Since then the capitalization of QASH plunged from $800 million in 2018 to $8 million today, seriously damaging investors and holders.
Taking into account that QASH is not a registered security while being such by nature, Investors have reason to suspect that their rights could be violated, including through incorrect presentation by the issuer of the content of this security, associated risks, and prospects, which led to significant monetary losses of its holders.
Case Status
Attorney Investigation
Alleged Offence
Mismanagement,
Misleading Statements,
Financial Misrepresentation,
Fraud,
Failure to Disclose,
Price manipulation,
Insider Trading,
Negligence,
Breach of Fiduciary duty,
Omissions
Suspected Party
Directors,
Management,
Shareholder,
Influencer,
Government Authority,
Investment Bank,
Service Provider,
Research Entity,
Hedge Fund
Security Type
Crypto Asset
Trade Direction
Long
Shock Event Date
01/15/2022