Detroit lawsuit targets Real Token over neglected rental properties

RealToken, a company offering fractional ownership in real estate via digital tokens, faces criticism and legal action from Detroit officials for neglecting properties. Over 400 homes associated with RealToken have received numerous violation notices for unsafe conditions, leading to a lawsuit alleging the company hides behind LLCs to avoid accountability. Despite RealToken's claims of addressing issues and revitalizing neighborhoods, Detroit authorities and residents express concerns over the impact on vulnerable tenants and the city's investment landscape.