Tezos Founders Hit with Fourth US Lawsuit, Sued for Securities Fraud

[kreslik.news]

For the fourth time in less than two months, a fresh lawsuit has been filed against the founders and promoters of the Tezos project.

Pursued in the US Northern ‎District Court in California, the suit calls for a temporary restraining order to freeze the $232 million raised in the ICO, which has grown now to more $1 billion, the plaintiff Bruce MacDonald claims.

The filing names the husband-and-wife founders, Arthur and Kathleen Breitman, as well as the operators of the Tezos Foundation and Dynamic Ledger Solutions – the Delaware-based company that holds Tezos’s intellectual property – as defendants. Further, it accuses them ... (read more)