Tag: Legal Battle

Envion ICO Turns Into a Legal Battle Despite Raising $100M

The initial coin offering industry is plagued by scams, shady projects, and a lot of miscommunication. In the case of the Envion ICO, the founders are suing Matthias Woestmann and his corporation for breaching contractual obligations. This legal action against the shareholders of Envion AG, registered in Switzerland, doesn’t bode all┬áthat well for this particular project. What is Going on With Envion? As we have seen with the Tezos ICO, …
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