Monday, November 28

Tag: tezos ico

Tezos can settle ICO related lawsuit for $25 million in cash
PR Wire

Tezos can settle ICO related lawsuit for $25 million in cash

Editor’s note: An oversight was made in regards to the value of the settlement proposed in this case. The article was fixed to showcase the factual truth. If you have been close to, or participated in the Tezos ICO, you are already aware of the significant amount of disputes and lawsuits that have followed in the wake of the $232 million worth of BTC and ETH raised during the project’s fundraiser. Today, new information emerged in regards to the court proceedings related to Tezos’ ICO class action lawsuit, where they are being held accountable for violating federal securities laws by offering and selling Tezos tokens without a registration statement with the SEC. The SEC has proposed a $25 million settlement in cash, which if accepted will be considered to resolve all c...
Tezos can settle ICO related lawsuit for $250 million in cash
PR Wire

Tezos can settle ICO related lawsuit for $250 million in cash

If you have been close to, or participated in the Tezos ICO, you are already aware of the significant amount of disputes and lawsuits that have followed in the wake of the $232 million worth of BTC and ETH raised during the project’s fundraiser. Today, new information emerged in regards to the court proceedings related to Tezos’ ICO class action lawsuit, where they are being held accountable for violating federal securities laws by offering and selling Tezos tokens without a registration statement with the SEC. The SEC has proposed a $250 million settlement in cash, which if accepted will be considered to resolve all claims from investors and cover all lawyer fees, according to a press release by the United States District Court o...