News

The Game Facing Many Millions Judgement Over Failed Cryptocurrency

By Benny Franklin
pixel_start

The Game is in hot water, again...

Last year, the Compton rapper lost in court to Priscilla Rainey over sexual assault charges, and now he is headed back to court over Cryptocurrency. 

According to Coin Telegraph, he is reportedly facing a $12 million judgment for his role in Paragon Coin Inc, which is a crypto firm alleged to have been involved in an unregistered initial coin offering back in 2017.

They marked the PRG tokens as a currency for the cannabis industry and raised $70 million between April 15 and October 15, 2017. 

Unfortunately for The Game, The founders of Paragon Coin have allegedly declared bankruptcy and fled the U.S.

The plaintiffs in the case claim that The Game “acted for his own gain or for Paragon’s gain," and now he is liable for $12 million-plus pre-and post-judgment interest.

 




 

View this post on Instagram

 








 


A post shared by Paragon (@paragoncoin)

pixel_end
Posted In: News The Game

Discuss

News Offset Got Bit By A Lion Offset Got Bit By A Lion / News News Stephen A. Smith Explains Why He had Max Kellerman Removed From 'First Take' Stephen A. Smith Explains Why He had Max Kellerman Removed From 'First Take' / News News Jhonni Blaze Is Missing after Disturbing Instagram Post Jhonni Blaze Is Missing after Disturbing Instagram Post / News News Rick Ross Finally Gets His Drivers License Rick Ross Finally Gets His Drivers License / News News Young Thug Gives Machine Gun Kelly Fabulous Pink Gift [VIDEO] Young Thug Gives Machine Gun Kelly Fabulous Pink Gift [VIDEO] / News News Rick Ross Gave His Son The Ultimate 16th Birthday Gift Rick Ross Gave His Son The Ultimate 16th Birthday Gift / News