Detroit Is Suing a Florida Crypto Real Estate Company Over RWA Ponzi Scheme
RealT, a Florida-based RWA issuer, is being sued after offering tokenized shares of dozens of homes it does not own. Additionally, code and tax violations have accumulated over 408 properties in RealT’s possession. This incident highlights a serious potential problem for the entire RWA market. Can these companies really offer returns on property incomes, or…
