Investors were inappropriately induced to buy Water tokens ($WATER). The leadership behind the WATER token used celebrity promotions to inflate the price of the token by touting its growth potential. These promoters used their influence to mislead investors into purchasing the WATER tokens at artificially inflated prices.
Once their promotional efforts were completed, the insiders effectively “pulled the rug” on retail investors, leaving them with tokens that had lost over 98% from the inflated price high at the end of June 2024. As a result, WATER token individual investors are now joining together through a class action brought by law firm Scott+Scott, to seek restitution for losses incurred from the purchase of $WATER.
If you suffered losses in association with the purchase of $WATER tokens between June 2024 and August 2024 you are encouraged tofill out the form below to learn more about your legal rights.