California attorney Charlotte C. Lin is planning to launch an investigation in cryptocurrency mining manufacturer KnCMiner, an announcement reveals (hat tip to Coin Fire).
Lin, who practices in a number of legal areas that include DUI defense, immigration, employment, and more, has launched a website at “kncclassaction.com” for the cause.
According to the announcement, the firm is actively “investigating KNCMiner for possible breach of implied warranty of fitness, misrepresentation, and other violations of law by failing to provide a functional or usable product, false advertising; failing to deliver product within adequate time frame, and failing to provide refund upon demand.”
Specifically, the website adds, “Under the terms of the advertised Titan, it should ‘Yield a minimum of 300 MH/s’ and ‘purchasers shall also receive the Titan during Q3 of 2014’ both of which have certainly been up for debate in the mining community at large.”
Said investigation will look into whether or not Titan miners were delivered with less hashing power than advertised by KnCMiner, and whether or not the company purposely gave the public the wrong impression when it came to the Titan.
Lin’s firm is seeking participants for the class action, but it’s unclear just where this one is headed for the time being. We would expect additional announcements in the weeks ahead.
I have reached out to the folks at KnCMiner for comment on the matter, but did not receive a response before the time of publishing.
For more information on the investigation/lawsuit, you can follow this link.
