Detroit is a city that’s used to fighting. Once the third most populous city in the country, its citizens have long struggled against robber barons, anti-communist witch hunts, private sector looting, and racist housing laws. It hasn’t had it easy, to say the least.

Now, Outlier reports, the city is doing battle against a $93 million crypto real estate scheme.

The city recently announced a massive lawsuit filed against RealToken, a cryptocurrency business that’s snapping up hundreds of subsidized housing units to “tokenize” on the blockchain.

Once…


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Last Update: July 13, 2025