Jared Mimms is planning an ICO for his Providence project to win his case against Ethereum. He also accused the founders of Ethereum of lying over the recently completed hard fork.
“With enough support,” he noted via email, “the ICO will pressurise Vitalik to license. It will raise money for the lawsuit in an international court.” He added:
“Under JOBS Title III we can raise $1 million on ICO. That is enough to fulfill our stated intentions. We first need an investment under Regulation D to pay the $2,700 gateway portal fee.”
Mimms had earlier told CoinTelegraph in an email that Ethereum is intellectual property stolen from him. But Tim Swanson, the author of the Great Chain of Numbers (2014), has denied it is true. Swanson, who had described Mimms as the inventor of Peercover, the first contract client, tweets that Mimms has a history of making such unsubstantiated claims.
https://cointelegraph.com/news/developer-prepares-ico-to-beat-ethereum-in-stolen-intellectual-property-case