Legal fight emerges between ConsenSys, former venture partner over fund proceeds
, Gupta alleged that ConsenSys owes her a portion of the money generated by that fund, stating that the fund's value has grown to more than $300 million since inception. Per Business Insider, ConsenSys has allegedly offered a fraction of the amount she seeks.on January 10, alleging that Gupta engaged in resume fraud by lying about her professional credentials and then provided fabricated materials when her resume was called into question.
Per the filing, ConsenSys is now accusing Gupta of trying to"shake down" the company for"millions of dollars that she has no entitlement to by making false claims and unlawful threats." Gupta, who according to Business Insider, is being represented by attorney Peter Cane. In an interview with The Block, Cane said that “Joe Lubin was praising Kavita well after she decided to leave Consensys and assured her in writing that she would be paid her carried interest well after she decided to leave ConsenSys."
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