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PS: What a shitshow. These people are amateurs who have been given $500m, and I wouldn't be surprised this project amounts to nothing.

Based on how I'm reading this, I don't think this Gevers character is entirely wrong on how he's acting. But the article doesn't mention any bonus.

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I didn't see anything in the article you linked to where Gevers says that the amount ($20 million) the Tezos company would sell itself to the foundation for is excessive. As I understand it, that was always the arrangement. The amount the company would sell itself for was a percentage of the ICO funds raised, I believe.

I do agree that the situation is a shitshow.

Not sure where I read that, can't find it anymore

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