The UMC Group related parties of the transformation encryption business company are suspected of making false and misleading statements to induce investors to be sued

In a recent lawsuit in Colorado, the plaintiff Arslani sued the UMF group involved in the encryption business, Ross, one of its operators, and Root, the lawyer involved. Ross, also known as John Doe, the plaintiff claimed that the defendant Ross made false publicity and misleading statements, inducing him to buy the company's common stock. In addition, Root, the licensed attorney who was responsible for providing the relevant materials, was also prosecuted for providing incompletely true letters. It is reported that UMF Group initially engaged in oil and gas exploration business, and then turned to medical marijuana, and then turned to the encryption industry.