This campaign rally probably did not turn out quite as the candidate had envisioned it.
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Presidential candidate Brock Pierce was served for his connection to alleged securities fraud during his campaign rally in New York City earlier today.
James Koutoulas, the lawyer leading this case, told Cointelegraph that Pierce was served legal documents in connection with a class action case against Block.One — a company that Pierce co-founded. Block.One was the company behind EOS’ $4 billion initial coin offering. The project’s ICO was the largest such offering to date.
Brock Pierce has co-founded a number of crypto projects including EOS, Tether, and Blockchain Capital. The first two have been subject to ongoing legal actions for a number of years.
This story is developing and will be updated.