{"id":977,"date":"2017-12-20T17:58:38","date_gmt":"2017-12-20T17:58:38","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/?post_type=news&p=977"},"modified":"2023-06-12T13:20:46","modified_gmt":"2023-06-12T13:20:46","slug":"cryptocurrency-hedge-fund-hit-class-action-lawsuit","status":"publish","type":"news_posts","link":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/","title":{"rendered":"Cryptocurrency Hedge Fund hit With Class Action Lawsuit"},"content":{"rendered":"

David Silver Quote: <\/strong><\/p>\n

\nDaniel Harrison and Monkey Capital are a damning indictment of what is wrong with the ICO market and the unregulated sales of securities<\/strong>\n<\/p><\/blockquote>\n

Monkey Capital, a Delaware-based company seeking to create a decentralized hedge fund, has been hit with a class action lawsuit alleging a fraudulent issuance of securities.<\/p>\n

The claim, filed in the U.S. District Court in Florida, represents five plaintiffs who invested cryptocurrency now valued at $3.8 million into the project ahead of a proposed token sale last July that was to help build the Monkey Capital Market \u2013 an envisaged decentralized hedge fund and private crypto exchange.<\/p>\n

The investors purchased cryptocurrency options called “coevals” that were to be later used to purchase tokens called Monkey Coins at a valuation premium in a forthcoming token sale.<\/p>\n

However, after the sale was delayed, Monkey Capital’s fundraising website disappeared altogether in early August, when the sale was scheduled to resume. It has yet to reappear.<\/p>\n

The suit alleges that Daniel Harrison, founder of Monkey Capital and an heir to Harrison & Sons \u2013 a U.K.-based printing house \u2013 then captured the proceeds via a network of pass-through companies and exchanged them for crypto or fiat currency.<\/p>\n

https:\/\/www.coindesk.com\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/<\/a><\/p>\n","protected":false},"featured_media":1769,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news_categories":[],"class_list":["post-977","news_posts","type-news_posts","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nCryptocurrency Hedge Fund hit With Class Action Lawsuit - SilverMillerLaw.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cryptocurrency Hedge Fund hit With Class Action Lawsuit - SilverMillerLaw.com\" \/>\n<meta property=\"og:description\" content=\"David Silver Quote: Daniel Harrison and Monkey Capital are a damning indictment of what is wrong with the ICO market and the unregulated sales of securities Monkey Capital, a Delaware-based company seeking to create a decentralized hedge fund, has been hit with a class action lawsuit alleging a fraudulent issuance of securities. The claim, filed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/\" \/>\n<meta property=\"og:site_name\" content=\"SilverMillerLaw.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/silvermillerlaw\/\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-12T13:20:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"896\" \/>\n\t<meta property=\"og:image:height\" content=\"597\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@dcsilver\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/\",\"url\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/\",\"name\":\"Cryptocurrency Hedge Fund hit With Class Action Lawsuit - SilverMillerLaw.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp\",\"datePublished\":\"2017-12-20T17:58:38+00:00\",\"dateModified\":\"2023-06-12T13:20:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#primaryimage\",\"url\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp\",\"contentUrl\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp\",\"width\":896,\"height\":597,\"caption\":\"CoinDesk\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.silvermillerlaw.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cryptocurrency Hedge Fund hit With Class Action Lawsuit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/#website\",\"url\":\"https:\/\/www.silvermillerlaw.com\/\",\"name\":\"SilverMillerLaw.com\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.silvermillerlaw.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cryptocurrency Hedge Fund hit With Class Action Lawsuit - SilverMillerLaw.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/","og_locale":"en_US","og_type":"article","og_title":"Cryptocurrency Hedge Fund hit With Class Action Lawsuit - SilverMillerLaw.com","og_description":"David Silver Quote: Daniel Harrison and Monkey Capital are a damning indictment of what is wrong with the ICO market and the unregulated sales of securities Monkey Capital, a Delaware-based company seeking to create a decentralized hedge fund, has been hit with a class action lawsuit alleging a fraudulent issuance of securities. The claim, filed","og_url":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/","og_site_name":"SilverMillerLaw.com","article_publisher":"https:\/\/www.facebook.com\/silvermillerlaw\/","article_modified_time":"2023-06-12T13:20:46+00:00","og_image":[{"width":896,"height":597,"url":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp","type":"image\/webp"}],"twitter_card":"summary_large_image","twitter_site":"@dcsilver","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/","url":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/","name":"Cryptocurrency Hedge Fund hit With Class Action Lawsuit - SilverMillerLaw.com","isPartOf":{"@id":"https:\/\/www.silvermillerlaw.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#primaryimage"},"image":{"@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp","datePublished":"2017-12-20T17:58:38+00:00","dateModified":"2023-06-12T13:20:46+00:00","breadcrumb":{"@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#primaryimage","url":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp","contentUrl":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2021\/01\/coin-desk-logo.webp","width":896,"height":597,"caption":"CoinDesk"},{"@type":"BreadcrumbList","@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/cryptocurrency-hedge-fund-hit-class-action-lawsuit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silvermillerlaw.com\/"},{"@type":"ListItem","position":2,"name":"Cryptocurrency Hedge Fund hit With Class Action Lawsuit"}]},{"@type":"WebSite","@id":"https:\/\/www.silvermillerlaw.com\/#website","url":"https:\/\/www.silvermillerlaw.com\/","name":"SilverMillerLaw.com","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silvermillerlaw.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/news_posts\/977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/news_posts"}],"about":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/types\/news_posts"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/media\/1769"}],"wp:attachment":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/media?parent=977"}],"wp:term":[{"taxonomy":"news_categories","embeddable":true,"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/news_categories?post=977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}