CCN:
The Tezos price rallied by more than 10 percent after a prominent South Korean cryptocurrency exchange listed it on its trading platform. CoinDesk:
A federal court judge in California has blocked a move that sought to dismiss a class action lawsuit alleging that the initial coin offering (ICO) conducted by the Tezos Foundation violated securities laws in the U.S.. The decision came Tuesday, as ... Bloomberg:
The suit aims to hold the Tezos Foundation, which promised a new model for the blockchain technology that underpins cryptocurrencies, liable under U.S. law -- specifically for the sale of unregistered securities. Despite the enormous sums the ICO ... CoinDesk:
The number of Tezos bakers is on the rise. The ... term for a validator (its equivalent of ... miners), bakers are crucial to ensuring the nascent ... security. And ... all the more necessary given the value of the funds at stake ... JD Supra (press release):
This lawsuit, In Re Tezos Securities Litigation (3:17-cv-06850), is a consolidated class action resulting from an ICO conducted by Tezos in July of 2017 in which the plaintiffs, investors in the ICO headed by lead plaintiff Arman Anvari, seek ... Nasdaq:
Today ... taking a look back at Tezos (XTZ), a newly released crypto that we covered a week after its initial release back in July 2018. Since raising $232 million on their ICO in 2017, the Tezos has had a very rough ride, and still batting some ... Law.com:
3 Takeaways From the Ruling Keeping the Tezos ICO Suit Alive and Stateside. Although U.S. District Judge Richard ... ruling was far from the final word on whether the Tezos initial coin offering ran afoul of U.S. securities laws, it did offer the ... Crypto Briefing:
Made in the USA by former Morgan Stanley analyst Arthur Breitman, Tezos considers itself the last cryptocurrency ... ever need. Its ICO raised 66,000 BTC and 361,000 ETH in July 2017 on the back of this promise. It even drew a $1.5 million ...and more ... Crypto Daily (press release):
A legal dispute focusing on the legalities of the Tezos ICO is starting to make some traction in the United States, despite the actual offering being carried out in Crypto Valley, better known as Zug, Switzerland. Zug is fast becoming a hotspot for ...and more ... Law.com:
SAN FRANCISCO — U.S. District Judge Richard Seeborg of the Northern District of California signaled early on in a Wednesday hearing that a proposed class action against the backers of the Tezos initial coin offering is forcing him to chew on some ...and more ...
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