Crypto

Irish tech-investor family sue cryptocurrency platform

Brothers Jason and Owen Morton and their cousin Shane Morton are suing Nexo Capital over the manner in which they claim they were forced to sell $126 million worth of cryptocurrencies for under their market value

The Mortons are seeking damages and legal costs in London, claiming that they were forced to sell a portfolio of Nexo tokens at 60 per cent of the market value

A family of three Irish tech entrepreneurs are suing a cryptocurrency platform over the manner in which they claim they were forced to sell $126 million worth of cryptocurrencies for less than market value.

Brothers Jason and Owen Morton, and their cousin Shane Morton, who are described in legal filings as “a group of family members who work in the technology industry”, are suing Nexo Capital.

The Mortons are seeking damages and legal costs in ...