The #EOS Network Foundation is advising the EOS #community to reject a settlement with Block.one. They argue that the proposed agreement doesn't prioritize the EOS #network and community interests. The settlement doesn't sufficiently compensate for losses due to Block.one's actions and prevents future claims. Block.one initially raised $4 billion but didn't fulfill its promise to invest $1 billion in EOS. The settlement, which involves a $22 million #payment from Block.one's founders, restricts future claims. The opt-out deadline is #August 29, 2023, and those not opting out might be included in a class-action lawsuit.
