The Tezos Foundation says it has agreed to settle for $25M a class action suit that alleged it ran an unregistered securities sale through its $232M ICO (Liam Frost/Decrypt)

Liam Frost / Decrypt:
The Tezos Foundation says it has agreed to settle for $25M a class action suit that alleged it ran an unregistered securities sale through its $232M ICO  —  The project behind a $232 million initial coin offering has decided the lawsuit is too “expensive and time-consuming.”  —  Tezos  —  In brief

from Techmeme https://ift.tt/2JbNCtD