The litigation funding supplier is providing a 250,000 wLITI token reward for brand spanking new crypto rip-off instances
Geneva, Switzerland — September 22, 2021: Liti Capital SA, the Swiss-based litigation funding supplier disrupting personal fairness investing with blockchain expertise, is launching ScamBusters, a revolutionary new instrument that permits customers to vote for which crypto-focused instances the corporate ought to pursue subsequent.
Dedicated to preventing fraud
Fraud inside cryptocurrency and blockchain is rife. This yr shall be a report for funding fraud: 14,079 funding scams had been reported to the FTC within the first quarter of 2021, and victims misplaced $215 million on this quarter alone. Liti Capital is bringing its experience in selecting, funding and successful courtroom instances and alluring shoppers to vote on which scams it ought to pursue in courtroom subsequent.
“The concept scammers can freely function within the crypto sphere with out dealing with the implications of their actions should finish to deliver belief and alter the notion blockchain and crypto tasks have in our society”, says Andy Christen, CVO/COO at Liti Capital.
Liti Capital commits to allocating between 5% and 10% of its yearly funding funds to finance instances which have affected its neighborhood members. Any LITI or wLITI token holder can report a purported fraud to the corporate.
How ScamBusters works
ScamBusters is a neighborhood voting occasion to pick which crypto rip-off instances Liti Capital will sue. LITI and wLITI token holders can use their tokens with out spending them to vote for the case(s) they assume have essentially the most benefit. The extra tokens they’ve, the extra voting energy they will train. Voters of the successful case will share an award as much as 250,000 wLITI, distributed pro-rata to their votes.
As soon as members of the neighborhood have submitted instances on the ScamBusters web site, Liti Capital instructs its group of authorized consultants primarily based in 140 nations internationally to discover particulars of the case.
A choice of instances are then introduced again to neighborhood members, with the case gathering the best variety of votes being added to Liti Capital’s portfolio. Group voting begins on September 23, 2021, with the primary successful case introduced on October 15, 2021.
“If cryptocurrency goes to grow to be the de facto means folks participate within the Web3 world, belief, regulation and a sturdy authorized system are all components of that puzzle,” says Jonas Rey, CEO at Liti Capital.
About Liti Capital
Liti Capital is bringing the litigation asset class to everybody by way of Blockchain expertise with LITI tokens, an fairness token that could be a share of inventory in Liti Capital SA. The launch of LITI and wLITI tokens permits any investor to interact within the high-performing litigation finance market beforehand solely obtainable to elite traders.
For venture data, please learn the Whitepaper.
For token distribution, please learn Tokenomics.
Liti Capital Official Channels
Liti Capital Web site: https://liticapital.com
Liti Capital Telegram: https://t.me/Liti_Capital_Official
Liti Capital Telegram Bulletins: https://t.me/Liti_Capital_Official_ANN
Liti Capital LinkedIn: https://www.linkedin.com/firm/liti-capital
Liti Capital Twitter: https://twitter.com/liticapital
Liti Capital Medium: https://medium.com/@liticapital
Liti Capital Reddit: https://www.reddit.com/r/liticapital
Binance Declare: https://binanceclaim.com
Dean Baker, yourPRstrategist.com
Cecilia Wong, yourPRstrategist.com