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Investor sues crypto-influencer for half a million dollars

Jessica Sier

A cryptocurrency investor has demanded Nugget’s News founder Alex Saunders repay almost half a million dollars in loans and investments, arguing it was a “no brainer” to trust the well-known crypto influencer.

New Zealand-based Ziv Himmelfarb lodged a writ in the Victorian Supreme Court on Wednesday, demanding Mr Saunders repay $479,270.16 in losses and damages for money he allegedly loaned him and invested in a yet-to-be built crypto project called DCB.

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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com

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    Original URL: https://www.afr.com/technology/investor-sues-crypto-influencer-for-half-a-million-dollars-20210812-p58i3f