The platform has already raised more than half of its goal, and the NFT funding campaign will expire in another 21 days. PoolTogether, a DeFi platform that bills itself as a “no-loss lottery,” has earned 470.90 Ether (ETH) through NFT sales to fund its legal defense against a putative class action lawsuit. PoolTogether raises 471 ETH with NFTs to fund legal defense – https://t.co/WbuSsCcQiM#Crypto #CryptoNews #CryptoTrends #NFT #NFTNews #NFTRelease #NFTDrop #AltCoin #AirDrop #NFTProject #NFTArtist #NFTCommunity #CNFT #CNFTCommunnity pic.twitter.com/SYVvchHKrI — droptown.io (@droptown_io) June 1, 2022 PoolTogether is now halfway to raising at least 769 ETH (approximately $1.5 million) to fight a lawsuit it claims has “no merit.” Before the NFT financing campaign concludes, the platform has another 21 days. On its NFT minting page, it stated: “PoolTogether Inc. is a defendant in a putative class action lawsuit. A person deposited the equivalent value of $12.00 into the protocol and is now suing PoolTogether Inc. and others for substantial damages.” Joseph Kent, the former technology lead for Senator Elizabeth Warren’s 2020 presidential campaign, filed a class-action complaint against the project, its inventor Leighton Cusack, and several of its related partners in January after depositing around $12 worth of stablecoins into the protocol. Kent claims that PoolTogether is running an illegal lottery in New York. According to an am...
