By Sydney Price ( August 26, 2026, 8:08 PM EDT) -- The CEO of Power Block Coin LLC, which does business as SmartFi, asked the Pennsylvania federal court for a win in a suit alleging he refused to fulfill their "buyback guarantee" of SmartFi tokens, saying the investors cannot even show they personally bought the tokens....
Crypto CEO Says Investors Lack Proof In Refund Fraud Suit
A crypto CEO has argued that investors have not provided sufficient proof to support allegations in a refund-related fraud lawsuit. The dispute, reported by Law360, centers on whether the investors can substantiate their claims.
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Aug 27, 2026 at 12:08 AM UTC · 1 min read
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Quick Answers
What is the crypto refund fraud lawsuit about?
The lawsuit involves investor allegations connected to refunds and fraud. The excerpt does not provide details about the underlying transactions or claims.
What is the crypto CEO arguing in the case?
The CEO argues that the investors have not presented enough proof to support their refund-related fraud claims.
Who is involved in the lawsuit?
The excerpt identifies a crypto CEO and investors, but it does not name the individuals, company, or court involved.
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Originally reported by Law360
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