Yves La Rose, founder and community-elected CEO of EOS Network Foundation (ENF), is the developer company of EOS He announced that they are preparing for a legal battle against Block.one.
La Rosevia Twitter account February 10 in his post on From his past actions against EOS and yof his unfulfilled promises because block.one against his company $4.1 billion to claim compensation that they are reviewing possible legal actions shared.
La Rose stated that they are working with a Canadian law firm to investigate what legal action they can take against the original developers of EOS. In addition, in a blog post made by the foundation, it was stated that many members of the EOS community were not satisfied with the developer company.
Block.one has failed to keep its promises in the past, hurting both the community and individual EOS users as a result.
The Foundation and Block.one held talks last year to resolve issues and agree on common ground. However, the foundation said that the developer company gave up the talks and as a result EOS block producers company’s future Deems it necessary to freeze EOS token earnings stated.
block.one, 2018 in the year 4 billion dollars worth 900 million number EOS token for the era’s greatest from their initial public offering (ICO) had done one. However, since then, the company’s policy has disappointed the EOS community.
La Rose had described EOS as a failure a few months ago. Citing the market value and decline in value of EOS as an example, he said it was a terrible investment of finances and time. He also said that his community has lost important developers and that EOS is now moving away from blockchain development. He stated that he had started to become an asset management.
At the time of writing the news CoinGecko according to data EOSwhich is the all-time high (ATH) $22.71 level of approx. 90% under from $2.56 is being traded.