The main plaintiff in the ATBCoin class action case filed a US $ 250,000 settlement application

In the preliminary approval motion filed on April 10, Raymond Balerta, the main plaintiff in the ATBCoin class action case, filed a US $ 250,000 settlement application. The lawsuit alleges that ATBCoin failed to submit a US $ 20 million ICO registration statement to the US SEC. Balerta filed a lawsuit on behalf of himself and thousands of other investors who claimed to be involved in the sale of ATB tokens in September 2017.