Kathleen Breitman, co-founder of blockchain project Tezos, said that the platform will be ready to launch in a few weeks, despite the ongoing litigation pursuing the project.
Kathleen made the announcement during a conference Blockchain UCLA Lab’s Cyber Days 17-18 Feb.
In July 2017 the project Tezos managed to attract a record $ 232 million dollars during the ICO. Since then, this project has been the subject of much attention and numerous trials, as many had doubts that the project was implemented without violating the rules of the securities and exchange Commission (SEC).
According to the lawsuits, tokens, sold to American investors during the ICO Tezos are in fact securities. Because the company did not register them with the SEC, from the point of view of American law, constitutes securities fraud.
However, at the UCLA conference, which was held last weekend, Kathleen Breitman promised that the project “will be launched in the next few weeks”, and therefore will be released, and the tokens “tezzies” (XTZ), despite all the legal problems.
You need to move forward. It’s unfair, but we need to produce the project.
It is noteworthy that the project Tezos is controlled separately, Kathleen Braitman and her husband and co-founder Arthur Breitman control project source code, and the Fund Tezos controls all the money raised during the ICO.