Athena Bitcoin, Genesis Coin Face Potential Class Action Over ‘Epidemic’ Elder Fraud

An ex-state attorney general sued Athena Bitcoin Inc. and Genesis Coin Inc. in what he said was an unprecedented class action. The lawsuit was filed in a state court in Ohio after his elderly client was scammed into depositing tens of thousands of dollars into one of the defendant’s ATMs, which convert physical currency into cryptocurrency.

Marc E. Dann, the managing partner of DannLaw, represents the plaintiff, S.M., who was scammed into depositing money into the ATM of the Ohio-based defendant, Athena, which it purchased from a second Florida-based defendant, Genesis.

Marc Dann of DannLaw in Ohio. Courtesy photo

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