nTezos forks ahead of Tezos launch
nTezos promised to share Tezos's open source code but without the Know-Your-Customer protocols.
nTezos promised to share Tezos's open source code but without the Know-Your-Customer protocols.
No settlement money, however, will be distributed to ICO investors who profited off of their Tezos investment.
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.
Perhaps believing they’d lose badly in court, the Tezos Foundation have decided to settle their ICO lawsuit out of court.
Bitcoin Suisse AG has filed a motion in an effort to be removed from a lawsuit against Tezos, indicating that it was in no way involved with the initial coin offering (ICO) launched by the startup in 2017.
Arman Anvari, lead plaintiff in a class-action lawsuit against Tezos, has withdrawn from the suit.
Infighting behind the scenes could spell trouble for tech project Tezos and the $400 million it raised via initial coin offering (ICO).
Venture capitalist Tim Draper has been let off the hook with regards to a class action suit brought by investors of the ill-fated Tezos digital coin.
In an attempt to regain some footing and possibly some of the public trust it has lost, Tezos entered a deal with PricewaterhouseCoopers (PwC), which will “act as the external auditor for the Foundation’s finances and operations.”
Tezos has agreed to a $25 million settlement with U.S. investors who invested in its ICO three years ago.
Tezos co-founder Kathleen Breitman is preparing to pull the trigger on the release of “Tezzies,” with or without internal support.
Arthur Breitman has been fined by the Financial Industry Regulatory Authority to the tune of $20,000 over a number of false statements he reportedly made regarding his venture whilst he was still an employee of Morgan Stanley.