EOS Pursues $1 Billion Investment: Litigation and Hard Fork On The Agenda!

Yves La Rose, CEO of the EOS Foundation, stated that they could be sued for the failure of the $1 billion investment commitment made by EOS developer Block.One.

Yves La Rose in an open letter published on May 20, Block.One (B1) by EOS given to the network 1 billion dollars almost over the investment commitment 5 years despite the past not fulfilled underlined. In this context, hinder network development stating that he suffered CEO, your roads with B1 can be separated or legal One to the fight stated that it is possible.

in the descriptions to September 2021 up to EOS buyers when investing B1’s commitment in view that you have taking attention La Rosein this context enough token holders EOS if he wants to take legal action. of the Foundation Them together to bring willing stated it would.

Another solution suggested by the CEO is B1 And of Bullish has tokens one that excludes hard fork was to edit. La Rose used the following statements on this subject:

Block producers may consider hard forking B1-owned tokens, including Bullish, to bar them from participating in EOS trading. This breaks all ties between EOS and B1 and increases trust in the network. It also reduces the EOS token supply.

Moreover La Rose, to B1’s EOS network promised investment realization in case of network location And status in the long run quite will flourish stating that the investment realization towards effort must be made underlined.

According to Coinecko data, the latest 30 days in 18.8% depreciating EOS, end 24 hours in 3.5% drop living by writing $0.851 traded at the level.

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