Block.one Failed to Decentralize EOS, Argues New Securities Fraud Lawsuit
The plaintiffs – a crypto fund and an individual investor – are seeking compensatory damages from Block.one and other defendants.
The number of investors with over 1,000 bitcoin has peaked to four-year highs amid the recent price rally.
It's been assumed for years that well-heeled financial institutions would become the main driving force and primary investor class in crypto. That narrative may underestimate the power of the retail investor.
Billionaire founder of Grupo Salinas, Ricardo Salinas Pliego, said: "Bitcoin protects the citizen from government expropriation."
Bitcoin's rally has stalled since the May halving, but that hasn't deterred large investors from accumulating coins, data shows.
The online retailer has finally handed out its digital dividend to shareholders after delays hit last year's planned distribution.