Founded by husband and wife
Frankly, the above alone sounds really dangerous. It made me think twice and more before I invested. But I like(d) the idea of Tezos
To comment on what's happening now: this is not funny at all and pretty damn shocking. A legal battle between the founders and Johann Gevers, "head of the Swiss foundation they installed"? So Johann Gevers is this dude
http://johanngevers.com/projects/ Make up your own mind about that man.
I believe that this is not good at all for everybody involved because a lot of energy will be wasted on a fight rather than be spent on the project. It could even result in serious depression of the Breitmans and the other Tezos devs/helpers/advisors and even the community.
As an investor I am beyond disappointed and even angry. They sit/sat on such an extreme amount of money but fail to deliver on time. I had already thought that something is not quite right because of the lack of updates on their website. For a project that has attracted this amount of money this really is a big fail.
Well, while typing this I can't help but think that such a huge amount of money is utterly dangerous indeed. Things like this is why we increasingly have ICO regulation by government worldwides, seems rightly so.
I can only hope that I will not have to pay my lawyer to try and get my investment back in the end, this would suck big time.
Sounds like a great time to invest in Tezos if you ever wanted to get on board (not that I've ever had much interest in them)
You can't. There is only a scammy IOU market (i owe you) for XTZ and the real XTZ has not been released. Will it ever be released and become reality? I hope so. Whatever happens, this odd fight [if it's true what I'm reading in the media, that is], sadly, will remain in the "history books"...
People at Tezos, please get your things right. Solve and overcome this dispute as soon as you can. There are a lot of people watching you who expect everything to be as initially advertised.