Canadian fintech BlockCrushr accuses ConsenSys of stealing secret business

2020-7-16 16:27
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Canadian fintech firm BlockCrushr has filed a lawsuit in New York alleging secret trade theft by ConsenSys. BlockCrushr said the day before the product launch, ConsenSys was the first to announce the Daisy Payments-based Ethereum (ETH) payment platform. ConsenSys announced that Daisy Payments uses a privacy policy called Tachyon Accelerator. ConsenSys previously invested $100,000 in BlockCrushr to support the advertising platform. After being invited to ConsenSys' Tachyon Accelerator Program, BlockCrushr founders Andrew Redden and Scott Burke "committed suicide" and moved to California in September 2018 to join the incubator program. In addition to the rights it grants to the payment platform, BlockCrushr claims to have given ConsenSys access to all aspects of its business, financial, intellectual and management strategy. However, in early March 2019, ConesenSys quickly stopped communicating with BlockCrushr and its team. BlockCrushr alleges that the company laid off numerous employees after ConesenSys failed to provide additional money it previously promised.

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2020-7-16 16:25