The fees, filed within the federal district court docket in Manhattan, allege that Inventive Development LLC and Edelman Blockchain Advisors LLC, and their proprietor, Gabriel Edelman, raised $4.3 million by providing and promoting securities to 4 buyers utilizing “false and deceptive statements” between February 2017 and Could 2021. These statements included guarantees to spend money on digital property, when, in actuality, Edelman used their funds to bankroll his private bills, based on the grievance.
