EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO

EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO


EOS Network participants should consider taking legal action against major investor Block.one (B1) for “broken promises” over its investment in the ecosystem, according to the founder of the EOS Network Foundation.

Yves La Rose said legal action is one of two possible ways to hold B1 to account for not investing the $1 billion it promised during the network’s initial coin offering (ICO) in January 2018. The other option is a hard fork to exclude EOS tokens held by B1 to fully disassociate itself from its former backer.

“As a result of B1’s broken promises, the EOS Network is under-capitalized and the development of the EOS Network has

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