Tezos (XTZ)

DEFENDANT NAME: Dynamic Ledger Solutions, Inc., Tezos Stiftung, Kathleen Breitman, Arthur Breitman, Timothy Cook Draper, Draper Associates, Johan Gebers, Diego Ponz, Guido Schmitz-Krummacher, Bitcoin Suisse AG, Niklas Nikolajsen, and Does 1-100
STOCK SYMBOL: XTZ
CASE NUMBER: 3:17-cv-07095-JSC
COURT: U.S. District Court for the Northern District of California
PRACTICE AREA: Investor Fraud
STATUS: Investigation
CLASS PERIOD: July 2017 ICO
LEAD PLAINTIFF DEADLINE: January 25, 2018
DATE FILED: 12/13/17
COURT LOCATION:

Did you purchase or otherwise acquired the right to purchase TEZOS currency in its initial coin offering?

Hagens Berman has filed a class action in the Northern District of California on behalf of investors to recover the bitcoin (BTC), Ethereum (ETH) and fiat currency paid in the Tezos Initial Coin Offering (“ICO”).

The complaint, which names Defendants Dynamic Ledger Solutions, Inc. (DLS), Tezos Stiftung (aka the “Tezos Foundation”), Kathleen Breitman, Arthur Breitman, Timothy Cook Draper, Draper Associates, Johann Gevers, Diego Ponz, Guido Schmitz-Krummacher, Bitcoin Suisse AG, and Niklas Nikolajsen, alleges that Defendants illegally sold unqualified securities in violation of California’s Corporate Securities Law of 1968 (Cal. Corp. Code § 25110) and California’s Unfair Competition Law (Cal. Bus. & Prof. Code § 17200 et seq.).  In doing so, Defendants collected approximately $232 million USD worth of cryptocurrencies from investors (primarily Bitcoin and Ethereum), now worth over $1.2 billion USD.

If you purchased or otherwise acquired the right to purchase TEZOS currency in the Tezos ICO or would like to aid in the investigation with non-public knowledge, contact Hagens Berman Sobol Shapiro LLP.  For more information visit: fill out the form on this page or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing XTZ@hbsslaw.com.


Hagens Berman purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm.

Back to all cases

Contact:

Please fill out the form below and we will get back to you as soon as we can.
 
*
*
*
*
*
*
File Upload *
Additional Information *
Send me: *
*
*
*
 

Case videos

Case Gallery

Case Timeline

11/20/17: Investigation