EthereumMax Cryptocurrency Improper Promotions, Inflated Values Complaint

January 19, 2022

EthereumMax (EMax) is both a type of cryptocurrency and the name of the company that’s the first defendant in this class action. The complaint alleges that the company, three individuals it calls the executive defendants, and three celebrity promotors misled investors when promoting EMax in order to sell their own tokens at an inflated price. In short, it suggests that they may have engaged in a pump and dump scheme.