Switzerland’s Crypto Crush Marred by $1 Billion Spat
- Zug-based Tezos Foundation sued in U.S. by Bitcoin investors
- Crypto Valley pioneer and foundation head resigned last month
Watch a Cryptocurrency Company Launch From a Brooklyn Loft
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All is not well in Crypto Valley.
One of the highest profile digital-currency projects in Switzerland, a country that’s been among the most enthusiastic advocates for cryptocurrencies, is under fire from both outsiders and insiders over allegations of false marketing and mismanagement, prompting its president to resign.