Post
Topic
Board Altcoin Discussion
Re: Tezos Founders Enter Legal Battle for Control of $400m in Raised ICO Funds
by
Dullmartini
on 22/10/2017, 01:35:02 UTC
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)

In this case, it’s actually a very bad time to invest in Tezos. Do you have any idea how much a lawsuit costs? Lawyers bill out at $600+ an hour. Who do you think will pay for this? That’s right, the investors. The only people who will end up in the black after this thing are the lawyers, not investors, not Tezos, not the foundation, not the Breitmans

Also, lawsuits are incredibly stressful and time consuming. I would be surprised if the Breitmans were still married after this whole thing ends.

And you think that the price won't adjust to reflect that? lol

This isn't bitcointalk only news, the news would have reached those invested and price would fall as a result. But anyway as someone else said it seems the tokens ain't even released yet so doesn't matter either way.

I think the price has adjusted to reflect that. What I’m saying is I think it will never recover and the project will never take off, unless someone else leads it.