- ENF posted an update about the B1 litigation proceeding.
- ENF asks for the EOS community’s help for evidence collection.
- Community-elected ENF CEO Yves La Rose posted on Twitter about the matter.
In line with the ongoing $4.1B-lawsuit against Block.one, the EOS Network Foundation (ENF) has posted a new update pertaining to the existing litigation. ENF is seeking the EOS community’s support in evidence collection to strengthen the case.
Moreover, the community is asked to send their personal or business experiences with Block.one, EOS, or EOS VC. Furthermore, the ENF team guarantees that all submissions will be reviewed; nonetheless may not be replied to.
In a tweet created by Yves La Rose, the ‘community-elected’ CEO revealed that they have received countless inquiries from those supporting them. La Rose further said that they will keep the whole community updated as the investigation progresses.
We will continue keeping the community updated as this investigation progresses. https://t.co/in0u3wvwHK
— Yves La Rose (@BigBeardSamurai) March 1, 2022
It was last February 10 when ENF announced that it would institute formal litigation proceedings against the original developers of EOS, Block.one. According to a blog post, ENF explained that “Block.one has not kept its word regarding past promises and that both the community and individual EOS users have been harmed as a result.”
This led to multiple discussions between the two parties that took place in November and December 2021. However, ENF affirms that Block.one walked away from these negotiations. As a result, the EOS Block Producers deemed it necessary to freeze the vesting of all the EOS tokens that Block.one was supposed to receive.
Additionally, La Rose also noted that the ENF plans to review all potential legal actions to acquire “$4.1B in damages”.
As Founder of @EosNFoundation I share your frustrations! We are taking further steps to hold @B1 accountable for its past actions and broken promises against #EOS. Review of ALL possible legal recourse to seek $4.1B in damages underway. Let’s do this together! #4BillionDAO coming
— Yves La Rose (@BigBeardSamurai) February 10, 2022
Meanwhile, for those who are intending to take part in the evidence collection process, ENF rolled out a few rules:
- Defamatory or misleading comments are not allowed.
- Content submissions must be short and to the point.
- Relevant screenshots, links, and/or references must be attached.
- The EOS Network Foundation will be issued a royalty-free license to research the comments and possibly publish them with or without edits.