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The celebrities made "false or misleading statements" about the little-known token in social media posts, the lawsuit claims. Bernstein tech analyst's best idea for is to short Tesla. Securities and Exchange Commission with pumping an initial coin offering, a controversial crypto crowdfunding method. Skip Navigation. District Court for the Central District of California accuses EthereumMax and its celebrity promoters of working together to artificially inflate the price of the token by making "false or misleading statements" in social media posts.
