> But multiple sources say that a large percentage of those tokens had been unilaterally distributed by CEO Juan Batiz-Benet to himself and early employees for

> But multiple sources say that a large percentage of those tokens had been unilaterally distributed by CEO Juan Batiz-Benet to himself and early employees for less than a penny each, and that he has continued to make such distributions in the years since. > Sources also say that no tokens were distributed to shareholders and that it often was difficult to get questions answered. I think this highlights where it's really difficult to be a young founder. Giving your investors news you know they won't want to hear isn't a fun conversation but it's necessary. And the longer you avoid those difficult conversations the harder it is to recover the relationship and the closer you get to running afoul of your duties.