INVESTOR ALERT: Kaplan Fox Announces Investigation Of The Crypto Company

NEW YORK, Jan. 9, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of The Crypto Company ("Crypto" or the "Company") CRCW.  Crypto is a technology company that operates in the digital currencies and blockchain sector.  The Company offers a portfolio of digital assets, technologies, and consulting services to the blockchain and cryptocurrency markets.  Investors who purchased Crypto common shares may be affected.

A class action complaint has been filed in the United States District Court for the Central District of California against Crypto and certain officers on behalf of investors that purchased or otherwise acquired common shares of Crypto between August 21, 2017 and December 18, 2017, inclusive (the "Class") alleging violations of the Securities Exchange Act of 1934.

On December 19, 2017, the Securities and Exchange Commission (SEC) temporarily suspended trading in the securities of Crypto due to concerns that the stock was being manipulated after the shares surged more than 17,000% in less than 3 months. The SEC said it was concerned about "the accuracy and adequacy of information in the marketplace about, among other things, the compensation paid for promotion of the company, and statements in Commission filings about the plans of the company's insiders to sell their shares of The Crypto Company's common stock."  Questions had also arisen concerning potentially manipulative transactions in the Company's stock in November 2017.

The complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that (1) Crypto unlawfully engaged in a scheme to promote and manipulate the Company's stock, and (2) as a result, Crypto's public statements were materially false and misleading at all relevant times.

If you are a member of the proposed Class, you may move the court no later than February 20, 2018 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: dhall@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com

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SOURCE Kaplan Fox & Kilsheimer LLP