T.I. Hit With Lawsuit Over Cryptocurrency

So I have been missing out on the money you can make from cryptocurrency, because I still don't understand it. But what I understand is that if you're going to get involved, you better know what you're doing. TMZ reports T.I. is getting sued by investors who say they lost money. The crypto was called FLik Token and was created by T.I. and Ryan Felton, a businessman, back in 2017. Felton told investors the 6 cents per token would be worth $14.99 within 15 months. But that didn't happen. Plaintiffs say the tokens jumped from 6 cents to 21 cents, but by this past August, the tokens were less than a penny. Ouch! The investors say the it was a failed situation and it cost them more than $2 million, but they are suing T.I. and Felton for $5 million. 

T.I. (Getty)


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