Tezos, a cryptocurrency that raised $232 million in July, is in crisis

Tezos, a blockchain technology project that made headlines in July by raising $232 million, has been hit with its second class-action lawsuit in less than a month. It's the latest blow for the project's founders, husband-and-wife team Arthur and Kathleen Breitman.

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The Breitmans promised to build a blockchain with a revolutionary new governance model that would avoid the kind of strife that has plagued the Bitcoin world over the last few years. Instead, Tezos itself has been engulfed in controversy since its fundraiser ended. The couple is locked in a bitter conflict with Johann Gevers, the man they picked to lead the Tezos Foundation.

 
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