ICO

Top manager left Tezos

Guido Schmitz-Krummacher, member of the Board of Directors of the Tezos Foundation resigned because he was frustrated by the infighting
15 December 2017   5125

Member of the Board of Directors of the Tezos Foundation Guido Schmitz-Krummacher resigned. This decision was made against the backdrop of a conflict between the founders of the project, Cryptomarkets. pro reports.

According to the publication, Schmitz-Krummacher left the organization, because he was tired of the strife between the couple Arthur and Kathleen Breitman and the president of the Swiss fund Johann Gevers. In accordance with the internal charter, Gevers can now nominate a candidate to fill the vacated position, and the decisive vote remains for him if the third member of the council protests.

Note that the company headed by Breitmans from the US state of Delaware currently owns the source code of the Tezos crypto currency project, while under the management of the Swiss fund Tezos Foundation there are all funds raised during the ICO - about $ 232 million.

Meanwhile, three collective lawsuits have been filed against the founders of Tezos in the United States. Spouses are suspected of violating the securities laws and deceiving the participants in the crowd-banding campaign.

In particular, Breitmans are accused of fraudulent sales of Tezzies tokens under the guise of charitable contributions and the misappropriation of "tens of millions of dollars." Previously, they intended to cover legal costs at the expense of investors, but were refused.

Breitmans both have active Twitter accounts.

Last own Kathleen Twitter post is regarding "cheesy Christmas gift".

Arthur posted the developer's diary update. It is worth noting that there were no posts related to lawsuits in their Twitter accounts earlier. 

ICOBlockchain

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   1170

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”