{"id":2698,"date":"2016-09-01T00:00:00","date_gmt":"2016-09-01T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/silver-law-group-defending-thousands-investors-international-fraud-case-cryptsy-ceo\/"},"modified":"2018-10-08T12:38:29","modified_gmt":"2018-10-08T16:38:29","slug":"silver-law-group-defending-thousands-investors-international-fraud-case-cryptsy-ceo","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-defending-thousands-investors-international-fraud-case-cryptsy-ceo\/","title":{"rendered":"Silver Law Group Defending Thousands of Investors in an International Fraud Case Against Cryptsy CEO"},"content":{"rendered":"<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-2958\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Silver-Law-Group-Defending-Thousands-of-Investors-in-an-International-Fraud-Case-Against-Cryptsy-CEO.jpg\" alt=\"Silver Law Group Defending Thousands of Investors in an International Fraud Case Against Cryptsy CEO on silverlaw.com\" width=\"216\" height=\"284\" \/><\/p>\n<h2>Paul Vernon\u2019s former clients say he stole millions from Cryptsy, which traded Bitcoin and other digital currencies, and then fled the country with $8M in investor funds. Now we\u2019re representing them in a class action lawsuit.<\/h2>\n<p style=\"text-align: justify;\">Paul Vernon, CEO of Project Investors Inc., which does business as Cryptsy, a Delray Beach-based digital currency exchange, fled to China with $8 million dollars in client money, allege a group of international investors we\u2019re currently representing in class action suit that was certified by U.S. District Judge Kenneth Marra in West Palm Beach on August 24.<\/p>\n<p style=\"text-align: justify;\">In 2015, Vernon notified Cryptsy clients that software problems were causing the company to pause all electronic wallets. That December, he notified them of a phishing scam targeting the site. Plaintiffs alleged that Vernon shut down the exchange and stopped responding to client inquiries in late 2015.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-defending-thousands-investors-international-fraud-case-cryptsy-ceo\/\"  title=\"Continue Reading Silver Law Group Defending Thousands of Investors in an International Fraud Case Against Cryptsy CEO\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paul Vernon\u2019s former clients say he stole millions from Cryptsy, which traded Bitcoin and other digital currencies, and then fled the country with $8M in investor funds. Now we\u2019re representing them in a class action lawsuit. Paul Vernon, CEO of Project Investors Inc., which does business as Cryptsy, a Delray Beach-based digital currency exchange, fled [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[291,292],"class_list":["post-2698","post","type-post","status-publish","format-standard","hentry","category-investment-fraud","tag-cryptsy-ceo","tag-international-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Silver Law Group Defending Thousands of Investors in an International Fraud Case Against Cryptsy CEO &#8212; Securities Arbitration Lawyers Blog &#8212; September 1, 2016<\/title>\n<meta name=\"description\" content=\"Check out the new article Silver Law Group Defending Thousands of Investors in an International Fraud Case Against Cryptsy CEO on silverlaw.com\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-defending-thousands-investors-international-fraud-case-cryptsy-ceo\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Silver Law Group Defending Thousands of Investors in an International Fraud Case Against Cryptsy CEO &#8212; 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