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Learning & News => News related to Crypto => Topic started by: CryptoGirl on October 21, 2017, 09:04:22 PM

Title: Tezos ICO might face a Class Action Lawsuit
Post by: CryptoGirl on October 21, 2017, 09:04:22 PM

A US law firm is investigating Tezos ICO inorder to file a class action suit.

Issuing a statement:
It appears likely that DLS, the Breitmans, and the Foundation have violated U.S. securities laws in conducting the ICO. If the Tezos tokens are “securities” sold to U.S. investors, the law requires the sale to be registered with the SEC. Here, it is clear that the tokens were never registered. In this situation, one of the chief remedies is rescission of the transaction. U.S. investors could get their money back.

https://restislaw.com/current-cases-investigations/tezos-initial-coin-offering/

Title: Re: Tezos ICO might face a Class Action Lawsuit
Post by: titi on October 22, 2017, 01:41:38 AM

They got wayyyy tooo much money