Ebang International faces class action lawsuits for language "fraud" and money laundering

On April 22, a New Jersey court indicted a class against Ebon International, according to CoinDesk, for defrauding investors in the financial and trading system. The plaintiff, Konstantin Zeva, sued the group in the United States Supreme Court for New Jersey on behalf of himself and others. In the lawsuit, Zeva accused Yibang of committing fraud, of using IPO funds to invest more than improving the economy, of disclosing information, of selling the wrong products. , and fraudulent business development scams.