Overview
- Missouri investor Andrew Barr alleges $58,730.98 in losses and has filed the case in the District of Columbia, where it awaits a class-certification decision.
- The complaint targets the MAGA-branded FJB token’s 8% transaction fee structure, which promised charity and promotion funding that the suit says never materialized.
- Lawsuit exhibits include Discord messages from project administrators Sarah Abdul and Chase Bailey and reference an alleged $120,000 payment to associates of Boris Epshteyn.
- According to the filing, investor wallets were locked in February 2025, preventing conversions and leaving funds inaccessible for a year with no updates from operators.
- The project’s attempted rebrand to Patriot Pay failed due to a trademark issue, the coin no longer trades, and Bannon and Epshteyn had distanced themselves as values collapsed.