Ethereum

Cardano

<ul class="news-points">
 <li>Former ConsenSys employees have filed a lawsuit against Ethereum and ConsenSys co-founder Joseph Lubin.</li>
 <li>The lawsuit states that Lubin has deprived the staff of stock values by shifting assets.</li>
 <li>In 2020, Lubin transferred assets via a crypto tool from ConsenSys AG.</li>
</ul>
Over 20 former employees of ConsenSys filed a lawsuit against the blockchain company’s co-founder, Joseph Lubin, according to the latest report by <a href="https://www.bloomberg.com/news/articles/2023-10-19/ethereum-co-founder-lubin-vaporized-employee-stock-suit-says#xj4y7vzkg" target="_blank" rel="noopener noreferrer nofollow">Bloomberg</a>. The staff claimed that they were deprived of the stock awards’ value, which originally enticed them to join the firm.
The lawsuit highlighted that in 2020, Lubin transferred assets from ConsenSys AG, a swiss holding company, that the employees had shares in. The shuffle ultimately left employees with shares of little to no value. Moreover, the transfer was facilitated using crypto tools built by software engineers and product designers who issued the case.
Internet influencer Mr. Huber posted on X (formerly Twitter) about this news, demanding action. He noted that despite another case filed against Lubin in the Southern District of New York, the U.S. Securities and Exchange Commission (SEC) and Cardano founder Charles Hoskinson still support …
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-investigator-accuses-ethereum-co-founder-for-bribing-sec/">Crypto Investigator Accuses Ethereum Co-Founder For Bribing SEC</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Crypto Investigator Accuses Ethereum Co-Founder For Bribing SEC

Coin Edition

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