Should it become finalized, the members will receive $25 million. The consolidated class-action suit came in the wake of a $232 million initial coin offering in 2017. Investors began filing claims asserting the firm issued unlicensed securities.
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A judge in California has preliminarily approved a settlement to resolve a lawsuit between the Tezos Foundation and its investors. So reports Cointelegraph.
Should it become finalized, the members will receive $25 million. The consolidated class-action suit came in the wake of a $232 million initial coin offering in 2017. Investors began filing claims asserting the firm issued unlicensed securities.