Tezos ICO Promoters Face Class-Action Lawsuit in the US

[kreslik.news]

American lawyers, world renowned for their rabid litigiousness, now appear to have set their sights on the ripe target of ICOs and their massive spoils. After a Boston-based law firm Block & Leviton LLP announced last month the launch of an investigation on behalf of investors in the Tezos ICO, it has now been revealed that San Diego-based Taylor-Copeland Law has beaten it to the punch by filing a class-action against the project’s promoters in California.

Founded by husband and wife team Arthur and Kathleen Breitman, Tezos is an independent smart contract platform built as an alternative to Ethereum. It raised about ... (read more)