Ah, smells like a corporate shyster bought in. Much like this company, where a shyster from my country bought into it, (he had to move into overseas markets after the crap he pulled here)
> Long Blockchain Corp. (formerly Long Island Iced Tea Corp.) is an American corporation based in Farmingdale, Long Island, New York. Its wholly owned subsidiary Long Island Brand Beverages, LLC produces ready-to-drink iced tea and lemonade under the "Long Island" brand. The company's first product was made available in 2011.
> In 2017 the corporation rebranded as Long Blockchain Corp. as part of a corporate shift towards "exploration of and investment in opportunities that leverage the benefits of blockchain technology" and reported they were exploring blockchain-related acquisitions.
> In July 2021 SEC announced charges of insider trading against three major Long Blockchain investors who allegedly bought substantial numbers of shares which they sold after the stock gained as much as 380%. They allegedly had advance notice of the name change which preceded and caused the stock rise.
They didn't even have to sell shovels for the crypto gold-rush, just had to look like they might do to bump the share price enough.
> Long Blockchain Corp. (formerly Long Island Iced Tea Corp.) is an American corporation based in Farmingdale, Long Island, New York. Its wholly owned subsidiary Long Island Brand Beverages, LLC produces ready-to-drink iced tea and lemonade under the "Long Island" brand. The company's first product was made available in 2011.
> In 2017 the corporation rebranded as Long Blockchain Corp. as part of a corporate shift towards "exploration of and investment in opportunities that leverage the benefits of blockchain technology" and reported they were exploring blockchain-related acquisitions.
> In July 2021 SEC announced charges of insider trading against three major Long Blockchain investors who allegedly bought substantial numbers of shares which they sold after the stock gained as much as 380%. They allegedly had advance notice of the name change which preceded and caused the stock rise.
They didn't even have to sell shovels for the crypto gold-rush, just had to look like they might do to bump the share price enough.
No idea if their drinks are any good.