John Monarch, CEO of Shipchain, Sued for Alleged Bitcoin Cryptocurrency Scheme

RELATED ARTICLES:

3/13/18 ALERT!   Forbes takes down Shipchain article after discovering it was allegedly illegally paid for by Shipchain and/or someone at John Monarch’s direction.   The paid Forbes article touted Shipchain was a “revolutionary” company that is one of a “handful of blockchain platforms poised to do things even the Internet couldn’t accomplish.”  

*5/16/18 ALERT!  South Carolina Man Links to $100M+ in Alleged Scams – CLICK TO READ

*5/28/18 ALERT!   John Monarch’s cryptocurrency company, Shipchain, served with Cease & Desist order by South Carolina Attorney General

*7/28/18 ALERT!  South Carolina Attorney General issues a seemingly ominous order after vacating Cease & Desist:  “It does not and should not be interpreted to waive any future causes of action which may be brought as a result of any securities activities of the Respondant (Shipchain), whether detailed in the Administrative Order to Cease & Desist or Not.“

*8/13/18 ALERT!  John Monarch’s business partner and co-founder of Shipchain placed on probation with the Arizona Bar till August of 2020 for role in alleged legal fraud schemes.