Green United founder Will Thurston (who, along with promoter Kristoffer Krohn, is also named as a defendant in the lawsuit), allegedly used money given to him by investors to buy fake Green Boxes and used it to purchase S9 Antminers – commercially available bitcoin mining machines – which he then used to mine bitcoins for himself. According to the SEC, investors did not see any actual bitcoins. cryptocurrency (BTC) their purchases are mined, but instead receive periodic distributions of worthless GREEN tokens created by Thurston on the Ethereum blockchain.
