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Tezos ICO Suit Settlement on Track for Final Approval

A judge in California has preliminarily approved a settlement to resolve a lawsuit between the Tezos Foundation and its investors. So reports Cointelegraph.

money 1428594 640smallShould 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.

Read the full article from Cointelegraph.

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