Clifford Joseph Harris Jr., known as the rapper T.I., and his business partner Ryan Felton have been sued for $5 million for their alleged involvement in a fraudulent cryptocurrency scheme, according to a report by celebrity news website The Blast.
The investors alleged that T.I. and Felton used celebrity endorsements and social media to create the false impression that FLiK tokens were a valuable liquid investment.
According to court documents obtained by The Blast, about 25 investors have claimed that they had invested over $1.3 million in FLiK token. The theflik.io webpage redirects to the Sky Block Media Group, a blockchain media distribution company.
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