San Francisco’s superior court takes over Fei Protocol’s Discord server
The San Francisco Superior Court has reportedly taken control of Fei Protocol’s Discord server in a class action settlement. Fei Protocol is a decentralized stablecoin project whose native algorithmic stablecoin, FEI, is backed by diverse coins, including DAI, ethereum (ETH), and USDC. Looks like @feiprotocol's discord has been taken over by San Fransisco's superior court s This is the first I've personally seen court s take over a discord, is this common? A link to the class action — https://t.co/fD20xLofTX pic.twitter.com/5HI1EpFZp2 — Julian Traversa (@TraversaJulian) July 7, 2023 Discord takeover and legal notice NFTs The settlement, proposed in a class action lawsuit against Fei Protocol, will provide $17.8 million to compensate all the users who purchased FEI or TRIBE tokens during the Protocol’s Genesis Event, held between March 31 to April 3, 2021. The lawsuit claims that the sale of FEI and TRIBE tokens conducted during the Genesis Ev...