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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
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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.