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.
Law360
Publisher
Aug 27, 2026 at 12:08 AM UTC · 1 min de lecture
Traduction…
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.
Réponses Rapides
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.
Sourced by
Originally reported by Law360
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Article Intelligence
Topics
Related Coverage
CryptoFla. Judge Trims Claims In Bitcoin ATM Code Theft Suitil y a 30 minutes · 1 min read
CryptoBitcoin is trapped between $75,000 and $80,000 ahead of a massive Friday derivatives settlementil y a 9 minutes · 2 min readPolicySEC Sends Crypto Custody Plan To White Houseil y a 16 minutes · 1 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
