The latest lawsuit, filed by the Restis Law Firm and Lite DePalma Greenberg, echoes the arguments of the two that preceded it: the Tezos tokens, which were marketed to ICO participants as securities, were never legally registered as such. The language in the second suit was a bit more direct in its accusation of the Breitmans and the Tezos Foundation of outright deception:
Notwithstanding the defendants attempts to avoid governmental and private scrutiny, it is clear that the financiers were indeed profit-seeking investors in a security and that Defendants promoted and conducted an unregistered offering of securities, not a charitable fundraiser..
What is the position of the DES team on this issue?
I read a lot about Tezos, I even thought about investing a small amount, until I switched to another project. The theme was good, but, as it turned out, another bench. On such examples, you really are convinced that you need a guarantor, such as DES.
