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The Game Facing Many Millions Judgement Over Failed Cryptocurrency

By Benny Franklin
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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.

 




 

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