Lead Plaintiff Deadline is February 20, 2018

NEW YORK, Jan. 26, 2018 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of persons and entities that acquired securities of The Crypto Company (OTCMKTS:CRCW) from August 21, 2017 through December 18, 2017, inclusive (the “Class Period”).

Investors who  have incurred losses in The Crypto Company  are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.

If  you have incurred losses  in  the  shares  of The Crypto Company  and would like to assist with the litigation process as a lead plaintiff, you may, no later than February 20, 2018, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in The Crypto Company.

According to the filed  lawsuit, defendants during the Class Period made materially false and/or misleading statements and/or failed to disclose that:

• The Crypto Company unlawfully engaged in a scheme to promote and manipulate the company’s stock; and
   
• as a result, The Crypto Company’s public statements were materially false and misleading at all relevant times.

On December 19, 2017, the Securities and Exchange Commission (“SEC”) temporarily suspended trading in the securities of The Crypto Company after shares had risen more than 17,000% in less than three months. The SEC stated there were “concerns regarding the accuracy and adequacy of information in the marketplace” about compensation paid for promotion of the company and statements in SEC filings about plans of company insiders to sell their shares of The Crypto Company’s common stock. The SEC also announced that questions have arisen concerning potentially manipulative transactions in The Crypto Company’s stock in November 2017.

Wolf Haldenstein Adler Freeman & Herz LLP  has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.  The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.  The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.

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Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774

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