TechFlow News — Block.one, the creator of EOSIO, announced on Friday that it has settled a class-action lawsuit filed by Crypto Assets Opportunity Fund related to the company's $4 billion EOS token sale. The court approved a settlement payment of $27.5 million from Block.one.
Block.one released the following statement: "Block.one believes this lawsuit was without merit and filled with inaccuracies. However, accepting this settlement allows us to focus more of our time and energy on running our business and delivering new products."




