Fearless Fund has been barred temporarily from providing funding to Black entrepreneurs. As AFROTECH™ previously reported, the venture capital fund had been sued by Edward Blum and his American Alliance for Equal Rights group in August 2023 for “explicit racial exclusion” by creating a grant program dedicated solely to Black women, The Washington Post shares. Initially, U.S. District Judge Thomas W. Thrash had ruled in favor of Fearless Fund, but the verdict was blocked by a panel on the U.S. Court of Appeals for the 11th Circuit on Sept. 30, 2023. Fearless Fund, looking to retract the verdict, filed to appeal the September ruling. In the most recent update, the U.S. Court of Appeals for the 11th Circuit has temporarily blocked Fearless Fund from continuing its efforts to support Black women entrepreneurs with funding, CNN reports . The panel judges ruled the Fearless Fund’s Fearless Strivers Grant Contest is “substantially likely to violate” Title 42 of the US Code’s provisions,...