According to ChainCatcher, Yves La Rose, founder and CEO of EOS Network Foundation (ENF), announced on Twitter that ENF is preparing to sue major investor Block.one (B1) for "failing to deliver on its $1 billion investment commitment." La Rose said Block.one is working to settle another class action lawsuit for $22 million after the company rejected a proposal to settle with the main plaintiff Crypto Assets Opportunity for $27.5 million.

According to La Rose, the class action lawsuit in the United States has been in the process of being resolved since it was filed in 2017. Those who want to join the latest lawsuit initiated by ENF need to withdraw from it first. The current deadline for filing a claim or opting out of the US class action lawsuit is August 23, 2023. (Source link)