BB: Block.one spends 60% of its budget on legal fees.

On November 18th, Block.one CEO Brendan Blumer (BB) said in an interview with WordProof founder Sebastiaan van der Lans that Block.one spent 60% of its budget on legal fees. BB explained: “We must seek legal advice in each jurisdiction because we are creating a global network and selling products to people around the world. Unlike other industries that have a very clear regulatory framework, we need Ensuring that we operate in the best practices. We must work backwards and strive to do our best."