Theta Labs Faces Lawsuits Over NFT Scandal
Update: 2025-12-24
Description
Theta Labs, once a crypto darling, faces a ninety-five percent token crash and lawsuits from former executives alleging fraudulent activities, including faked bids, pump-and-dump schemes, and misleading celebrity partnerships. The company, known for its bandwidth-sharing network and two tokens, THETA and TFUEL, denies the claims and vows to prove them wrong in court.
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