Former employees sued cryptocurrency firm Bitsonar for fraud.

On September 7, CoinDesk reported that Yaroslav Shtadchenko, managing director of the now defunct cryptocurrency capital Bitsonar, sued his former employer for fraud. Investment firm Bitsonar, which previously raised $ 2.5 million in cryptocurrency funds from investors around the world, lost money this summer. Bitsonar froze withdrawals in February and the site was shut down in August, now preventing investors from the United States, United Kingdom, Canada, Ukraine and other countries from accessing their money. Shtadchenko left the company and publicly accused the developers of fraud.