Lost Money in a Crypto Scam? You May Have Legal Options
If you or someone you know has lost money in a cryptocurrency scheme, you are not alone. Recent reports highlight how early traders and insiders in newly launched crypto tokens can profit at the expense of everyday investors.
A recent analysis has uncovered a pattern of speculative cryptocurrency launches that have led to massive financial losses for retail investors. Early buyers and large-scale traders often gain an advantage, purchasing tokens before public announcements and selling them for massive profits while later investors suffer devastating losses. Many of these schemes resemble pump-and-dump tactics, where prices are artificially inflated before crashing—leaving everyday investors with worthless assets.
These losses, which have affected hundreds of thousands of people, demonstrate the risks of unregulated cryptocurrency markets. Regulators have warned about the dangers of these speculative crypto offerings, but legal action may be the best option for those who have suffered financial harm.
The law firm of Sauder Schelkopf is investigating potential claims on behalf of individuals who have lost money in crypto-related schemes. If you were financially impacted, you may be eligible for legal recourse.
Contact Sauder Schelkopf Today
If you have suffered financial losses due to misleading or unfair cryptocurrency trading practices, contact Sauder Schelkopf for a free consultation. Their team is dedicated to protecting investors from fraud and seeking justice for those affected.
Experience Matters
Sauder Schelkopf has a nationally recognized litigation practice. The firm currently serves as court-appointed lead counsel in courts across the country. The attorneys at Sauder Schelkopf have recovered over $1 billion on behalf of their clients and class members. Our firm was recognized by the Legal Intelligencer’s 2022 Professional Excellence Awards. The Legal Intelligencer’s Professional Excellence Awards honor Pennsylvania law firms and attorneys who have made a significant, positive impact on the legal profession. Our firm was named in the Litigation Departments of the Year (Specialty Area category; runner-up), an award that honors the best litigation practice in a small or mid-sized firm in Pennsylvania. This recognition was based on the firm’s 2021 litigation work and its important ongoing cases. LawDragon has recognized our attorneys in its list of the “500 Leading Plaintiff Consumer Lawyers” for 2022. This list notes: “From the opioid epidemic to toxic substances and defective products, truck accidents to wildfires and sexual abuse, these are the lawyers who stand on the front line in individual lawsuits and class actions seeking justice.” Mr. Schelkopf was named to Pennsylvania’s Best Lawyers® 2022 for Class Actions/Mass Tort Litigation. The American Lawyer named Mr. Sauder to its 2021 Northeast Trailblazers. The honor recognizes 60 lawyers who are “truly agents of change.” It “recognizes professionals in the Northeast who have moved the needle in the legal industry.” The Legal Intelligencer named Mr. Sauder and Mr. Schelkopf in its 2020 Pennsylvania Trailblazers list recognizing 31 lawyers who “have taken extra measures to contribute to positive outcomes . . . and who are truly agents of change.” The Legal highlighted the firm’s innovative work on advocacy as class counsel in large institutional sex abuse cover-ups, women’s, and children’s rights. Our attorneys have also consistently been recognized by their peers being named to Pennsylvania SuperLawyer, a distinction held by the top 5% of attorneys in Pennsylvania. The National Trial Lawyers Association has also selected our attorneys as the Top 100 Trial Lawyers in Pennsylvania.
We Want to Hear from You
If you have suffered financial losses due to misleading or unfair cryptocurrency trading practices, contact Sauder Schelkopf for a free consultation. Their team is dedicated to protecting investors from fraud and seeking justice for those affected.