Bahamas-based blockchain firm Delchain and four others, including Deltec Bank & Trust in the Bahamas and Suisse Finance in Switzerland, are being sued for $20 million in damages after the price of a digital token issued by fellow Bahamas firm Dreamr "crashed 93%" within three months of being listed on the Bittrex crypto exchange.
A financial services group with close ties to fraudulently-operated Imperial Consolidated and offering similar products has formed a new public limited company in the United Kingdom.Wishsprite Plc was incorporated on September 2, 2003 - 25 days after the formation of affiliates Wishsprite Financial Services Ltd., Wishsprite Investment Services Ltd., Wishsprite Legal Services Ltd., Wishsprite Marketing Ltd., and Wishsprite UK Ltd.