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Law firm threatens class action suit against $PSYOP memecoin creator for alleged fraud and failure to refund investors.

On May 19, attorney Mike Kanovitz posted a legal threat on Twitter, demanding that the creator of the $PSYOP memecoin return funds to investors. Kanovitz accused the creator, Ben_eth, of deliberately misleading token buyers and breaking promises. He suggested that Ben_eth could be guilty of wire fraud and said that this is a predicate act for racketeering. Kanovitz threatened to file a class action suit in Arizona if Ben_eth does not refund investors. However, the legal threat has been dismissed by Ben_eth, who called the letter unprofessional.

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