The New York-based crypto project and its CEO, Reggie Middleton, filed a complaint Tuesday against T-Mobile accusing the company of "gross negligence" and failing to protect its customers.
Founded in 2014, Veritaseum is a peer-to-peer market platform that allows users to directly trade with one another.
The project hosted an initial coin offering (ICO) for its VERI token in April 2017.
It alerted investors that July that hackers had stolen 36,000 tokens (then around $8.6 million) who promptly dumped it all on an exchange.
