Crypto Influencers Promoting NFT Scams Could Face Class-Action Lawsuit After Bitconnect Case

Thanks to Bitconnect case, thousands, if not millions, of NFT enthusiasts can join class-action lawsuits against influencers that promote scams and rugpulls

Unfortunately, there were no large cases in the practice of the U.S. or European courts regarding the illegal promotion of NFT projects that later rugpulled on their users or completely dropped the development of the ecosystem.

that giveaways in exchange for a whitelist or the right to buy tokens are also among the many ways NFT influencers attract users to shady projects that will most likely rugpull later on and cause massive losses for early investors. For taking all of the above mentioned actions, both influencers and project owners could be held liable.

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