The post Joseph Lubin is charged with asset manipulation! appeared on BitcoinEthereumNews.com.

Crypto Live News Author: Mustafa Mulla Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Oct 20, 2023 20:10 Joseph Lubin, an Ethereum co-founder, is facing a lawsuit from over two dozen former employees of Consensys, the blockchain software development firm he co-founded. The plaintiffs allege that Lubin and other parties manipulated assets in Consensys AG, a Swiss holding company, resulting in their shares becoming worthless. The assets, which included the web3 wallet MetaMask, partly developed by some of the plaintiffs, were transferred to a new US-based firm, CSI, in 2020 to enable outside investment. The complaint argues that Lubin violated equity promises made to employees and enriched himself at their expense. CSI is now valued at over $7 billion. Source: https://coinpedia.org/crypto-live-news/joseph-lubin-is-charged-with-asset-manipulation/

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Filed under: News - @ October 20, 2023 11:18 pm