The class action lawsuit alleges that Tezos' organisers broke US securities laws and defrauded and misled participants in the online fundraiser.
A second lawsuit was filed this week against the organisers of cybercurrency technology project Tezos, an initiative that raised US$232mil (RM968mil) to issue a cryptocurrency that does not exist and fund development of a transaction system that has no clear end date.
The class action lawsuit, filed in a US District Court in Florida by Coral Springs-based law firm Silver Miller, alleges that Tezos' organisers broke US securities laws and defrauded and misled participants in the online fundraiser, according to court documents.
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