Key Points:
- The EOS Network Foundation (ENF) advises community members to carefully consider their options regarding the $22 million settlement with Block.one (B1).
- ENF argues that the settlement may not adequately compensate for losses due to B1’s alleged misrepresentations and wrongful actions.
- Accepting the settlement may prevent future legal action against B1 and its founders.
- The ENF urges community members to show dissatisfaction with the proposal by refraining from accepting the settlement.
- The opt-out window closes on Aug. 29, 2023, and failure to opt out could result in automatic inclusion in the class.
EOS Network Foundation Urges Community to Reject Settlement
The EOS Network Foundation (ENF) is advising the community to carefully consider their options regarding the $22 million settlement with Block.one (B1). ENF argues that the current settlement may not adequately compensate community members for their losses, and accepting the settlement could prevent future legal action against B1. The opt-out window for the settlement closes soon, and failure to opt out could result in automatic inclusion in the class. The ENF is urging community members to show dissatisfaction with the proposal by refraining from accepting the settlement.
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