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Home Seller Sues Buyer Over Payment in ‘Fool’s Gold’ Token

Published 06/05/2020, 01:58 AM
Updated 06/05/2020, 03:40 AM
Home Seller Sues Buyer Over Payment in ‘Fool’s Gold’ Token

After attempting to sell her home, California-based psychologist Mary Shea is suing buyer, Mike Cherwenka, for attempting to pay for 30% of the property’s value in the form of a “worthless” crypto asset called ‘Troptions.Gold.’ The dispute has left her unable to sell the home as Cherwenka’s company still claims an interest in it.

Shea accuses Cherwenka and his company Best Buy Homes of violating securities and state racketeering laws by misleading herself and other members of the public as to the nature of the Troption virtual currency.

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