Stox: Angry investor sues company for causing loss of $430k

Blockchain-focused Stox is facing a lawsuit from an angry investor that claims the company caused him to lose over 430,000 US dollars. Stox sued by another angry investor Vancouver-based investor Sean Snyder claims that the company violated the contract which resulted in huge losses. His complaint is filed with the US District Court for Western District of Washington. He claims that the company failed to fulfil its duties that it had promised under the whitepaper. He said that the company issued a larger sum of tokens than it had initially planned for and that caused significant loss. The company released