ConsenSys Founder Joseph Lubin Faces Lawsuit Over Equity Promise Breach

Canada News News

ConsenSys Founder Joseph Lubin Faces Lawsuit Over Equity Promise Breach
Canada Latest News,Canada Headlines
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Crypto Blog

Over two dozen former employees of the Ethereum infrastructure firm ConsenSys have filed a lawsuit against the company’s founder and CEO, Joseph Lubin.

The former employees, who held shares in the Swiss-based holding company Consensys AG , claim that the shares became “worthless” after the asset transfers. In response to the allegations, a ConsenSys spokesperson dismissed the claims as “frivolous,” asserting that the plaintiffs are attempting legal action in the U.S. after unsuccessful attempts in a Swiss court.of Consensys Software, will soon find this gambit is another fruitless attempt to enrich themselves from the success of others.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Crypto_Potato /  🏆 568. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum co-founder Joseph Lubin faces lawsuit over Consensys stock valueEthereum co-founder Joseph Lubin faces lawsuit over Consensys stock valueLubin and Consensys, now valued at over $7 billion, are accused of violating equity promises made in its early startup days.
Read more »

'He broke his word' — Ex-ConsenSys staff sue founder over employee equity deal'He broke his word' — Ex-ConsenSys staff sue founder over employee equity dealJoseph Lubin, the boss of Ethereum infrastructure firm ConsenSys has been sued again by 27 early-day ConsenSys employees, claiming he robbed them of their hard-earned equity by diluting it and transferring assets over to a subsidiary. JPMorgan was also named in the suit.
Read more »

Providence St. Joseph workers to strike beginning MondayProvidence St. Joseph workers to strike beginning MondaySt. Joseph said the hospital is “well prepared” for the strike and has contracted replacement workers for members of the bargaining unit who choose to strike.
Read more »

Father of IDF reservists compares those denying Hamas’ brutality to Nazi propagandist Joseph GoebbelsFather of IDF reservists compares those denying Hamas’ brutality to Nazi propagandist Joseph GoebbelsMarc Tobin said he's frustrated with the downplaying of Hamas' attack on Israeli civilians, accusing some activists of using the tactics of Nazi propagandist Joseph Goebbels.
Read more »

Father of IDF reservists compares those denying Hamas’ brutality to Nazi propagandist Joseph GoebbelsFather of IDF reservists compares those denying Hamas’ brutality to Nazi propagandist Joseph GoebbelsMarc Tobin said he's frustrated with the downplaying of Hamas' attack on Israeli civilians, accusing some activists of using the tactics of Nazi propagandist Joseph Goebbels.
Read more »



Render Time: 2025-02-27 21:58:31