Tezos founders: "Development is moving forward"

Founders of Tezos project, Arthur and Kathleen Breitman, visited Money2020 in Las Vegas and assured investors that the future of the project is safe
26 October 2017   1866

The founders of the Tezos start-up Arthur and Kathleen Breitman assured investors that the future of the project is not threatened. This was announced at the Money2020 conference in Las Vegas, CoinDesk reports.

Tezos Founders
Tezos Founders

The Breitmanns claim that, despite temporary difficulties, the development of the project continues. At the same time, the conflict situation may be resolved in the near future.

They also advised investors who invested $ 232 million in their project, not to panic and "rely on them."

Kathleen Breitman still noted the difficulties of the situation.

I mean, it stinks. It stinks. We're both really embarrassed about the situation. But we trust the process that we put in place, and I think it will be resolved in due course.
 

Kathleen Breitman

Co-Founder, Tezos

The conflict arose between Arthur and Keitlin Breitman, who owns the project code, and Johann Giewers, president of the fund that controls the funds raised during the ICO.

The Breitmanns accused Gavers of acting in their own interests, while Gevers himself argues that the organizers have entered into a criminal conspiracy and are trying to eliminate it. This situation led to significant drop of Tezos price - up to 75% in few hours.

It worth reminding that at the beginning of the week due to this conflict Tezos became the object of an official investigation initiated by a number of investors in the ICO of this project.

TenX to Confirm Founder's Relation to Lyoness Pyramid

From 2011 to 2015, Julian Hosp was a “member” of Lyoness
10 December 2018   88

Representatives of the blockchain start-up TenX confirmed that TenX founder Julian Josp was involved in the activities of the Austrian financial pyramid Lyoness.

TenX's Reddit report says that from 2011 to 2015, Julian Hosp was a “member” of Lyoness. In the company he was engaged in marketing, sales, held lectures for other participants of the company. However, at the end of 2015, Hosp broke all ties with Lyoness.

Earlier, The Financial Telegram reported that TenX Hosp tried to remove all public data linking it with Lyoness before the ICO project. However, according to TenX, Julian Hosp never concealed that he was associated with Lyoness and even wrote about it in his book “25 Stories I Would Tell My Younger Self (2015)".

We would also like to clarify that the stories contained in the online articles and Julian’s past affiliations with Lyoness bear no relevance to TenX, and TenX has had no connection, association and/or affiliation with Lyoness at any time.
 

TenX at Reddit

According to Breaker, Lyoness is recognized as an illegal fraudulent scheme by the Supreme Court of Switzerland, the Austrian civil court and the Norwegian Gambling Council. About the connection of Hosp with the project it became known thanks to the “training” video from Lyoness, allegedly voiced by his Julian.