The Tezos class action lawsuit may have come to an end, but the two legal firms involved are engaged in a battle over the settlement fee.
No settlement money, however, will be distributed to ICO investors who profited off of their Tezos investment.
Tezos has agreed to a $25 million settlement with U.S. investors who invested in its ICO three years ago.
Perhaps believing they’d lose badly in court, the Tezos Foundation have decided to settle their ICO lawsuit out of court.
The exchange has also taken steps to recover some of the stolen coins in partnership with some of the digital currency projects.
The Slovikia-based digital currency exchange Eterbase experienced a breach in which six digital currency wallets were hacked for a total of $5.3 million.
The state-backed blockchain platform will prioritize public blockchains with strong developer communities working on scalable, real world applications.
In a letter to the IRS, the lawmakers explain how taxing staking rewards as income could lead to excessive tax burdens.