Archive | lawsuit

Tezos ICO Investors May Foot Founders’ Legal Bill

The Tezos ICO initiative has been pretty interesting to keep an eye on. Although things are not going exactly as planned, the project is still not dead and buried either. Despite the ongoing class action lawsuits, things may yet come together in the end. To cover their legal expenses, the Tezos founders are looking to the Tezos Foundation. Whether or not their […]

Half a Billion Dollar ICO Tezos Stung by Second Lawsuit in Under a Month

Tezos, a company with over half a billion dollars in crypto assets, have been rocked by yet another lawsuit. Following a record-breaking ICO four months ago, founders Arthur and Kathleen Breitman have endured a torrid time after falling out with the head of the Tezos Foundation. Concerned investors filed a class action lawsuit on October 25. […]

Tezos Faces Class-Action Lawsuit in California

The game is afoot as far as the Tezos ICO is concerned. Over the past few weeks, we have seen multiple cracks in the facade of this project. Making things worse is the class-action lawsuit underway in California right now. It is evident the organizers of this project have a lot on their plate right […]

Delaware Judge Throws out Case Involving Ripple and R3

A few weeks ago, the cryptocurrency community learned that the R3 consortium was suing Ripple over a business deal gone awry. Although a lot of people weren’t too bothered by this development, it turns out Ripple eventually prevailed in the lawsuit. The case in question has been thrown out by a Delaware judge. R3 Loses Ripple Lawsuit […]

Mt Gox Bankruptcy Claimants Are Not Happy With Possible Distribution Outcome

This week Kolin Burges of the website “Mtgoxprotest,” wrote an interesting new blog post called “Who will get our 200,000 bitcoins?” After attending a few creditors meetings, Burges is upset about the Mt Gox bankruptcy process, because when it finally comes to an end claimants will likely only receive $483 per BTC. Further Mt Gox […]