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Cointelegraph reported in August that the United States District Court for the Central District of California issued a summons to video game virtual goods company OPSkins Group and WAX in response to a complaint filed by Crypto Asset Fund.
The complaint included 12 charges — including fraud, unlawful business practices and violation of the Securities Acts of 1933 and 1934. In particular, these concerned the accused’s initial coin offering of WAX tokens.
