Brad Bao, co-founder of Lime, has been named in a $100 million federal RICO lawsuit alleging involvement in a crypto fraud tied to Cere Network. The complaint claims investors were misled about the project’s operations and financial prospects, resulting in significant losses. Plaintiffs allege racketeering activity connected to the promotion and sale of digital tokens. Bao has denied wrongdoing, while the case adds to growing legal scrutiny surrounding high-profile figures in the cryptocurrency industry.