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Tezos was conceived as a governance-based blockchain to rival Ethereum, but it’s become more synonymous with protracted legal battles and internecine conflict. As the latest class action lawsuit drags its way through the courts, the Tezos community has petitioned for an end to all the legal turmoil so that everyone can move on. Also read: US … Read more
It has been a while since we last heard from the Tezos ICO. After many problems plagued this particular project, it seems things may finally turn around for the company. With a new team in place and a lot of the issues having been sorted out, investors may finally get access to their tokens after all. The Next … Read more
ICOs seeking to crowdfund their big idea have a quandary: should they register their token as a security, complete with the expense, delays, and paperwork this entails, or should they brand it a utility and hope the SEC doesn’t come after them? Last year, virtually everything was labeled a utility and SEC-compliant crowdsales were almost … Read more
The Financial Industry Regulatory Authority (FINRA), has taken action against Tezos co-founder Arthur Breitman. The Wall Street regulator has fined Mr. Breitman $20,000 USD, banning Tezos from associating with broker-dealers for two years. It’s part of a settlement following FINRA’s accusations that the crypto company’s co-founder made false statements regarding the project whilst employed at … Read more
Nano developers sued for “negligent misrepresentation” and unlicensed selling of securities, plaintiff demands a hard fork to return lost Nano #NEWS Go to Source Powered by WPeMatico
Welcome to the Friday edition of Bitcoin in Brief. The fourth instalment of this new feature from news.Bitcoin.com is the most eclectic yet, encompassing everything from Satoshi Nakamoto’s faux birthday to juicy snippets from the Tezos lawsuit. According to court documents, the project’s co-founder, Kathleen Breitman is a “one woman band”. Also read: Bitcoin in Brief … Read more
EOS, Cardano and Tezos are cryptocurrency’s big sleepers. The latter project has lain dormant since last summer while its legal troubles played out, while EOS and Cardano have been beavering away, but have yet to produce the goods. With signs that all three projects are now stirring into life, investors might finally see a return. … Read more
This month a law firm called Polsinelli LLP published a study called “Cryptocurrency Class Action Lawsuits: A New Frontier” which explains that initial coin offerings (ICO) will spark a large number of litigation proceedings against cryptocurrency projects and businesses. Also read: New Study Looks at the Cost to Mine BTC Across the Globe ‘ICOs May Be … Read more
The Tezos debacle has gone on for quite some time now. It seems investors may finally have a solution within reach. With the Tezos Foundation Board being reshuffled a bit, the tokens should finally be released to investors in the near future. A Solution for Tezos Investors? The past few weeks and months have been … Read more
Two board members voluntarily left the Tezos Foundation, signalling a possible end of infighting for the company, whose ICO was the second largest in history. #NEWS Go to Source Powered by WPeMatico
