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Learning & News => News related to Crypto => Topic started by: Cordillerabit on December 03, 2017, 11:53:29 AM

Title: Record ICO Tezos Founders Seek Bail-Out From Foundation
Post by: Cordillerabit on December 03, 2017, 11:53:29 AM
(https://news.bitcoin.com/wp-content/uploads/2017/12/Untitled-design-1-1068x1068.jpg)

ollowing mounting lawsuits, the founders of Tezos are seeking for their legal costs to be covered by the Swiss-based foundation tasked with managing the funds generated through the company’s ICO (initial coin offering). If successful, the Tezos founders will be using the funds of the very ICO participants that sued the company to pay for their legal expenses.

Source (https://news.bitcoin.com/tezos-founders-seek-bail-out-from-foundation/)
Title: Re: Record ICO Tezos Founders Seek Bail-Out From Foundation
Post by: Pipeline on December 05, 2017, 09:32:45 AM
Using the investors own funds to fight them in a court of law...the lawyers dream situation.