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⚡ VC trio sues Curve founder for ‘deception’ and handling of trade secrets.
ParaFi, Framework Ventures, and 1kx claim that Curve founder Michael Egorov was involved in deceptive practices.
In the suit, the VCs say his ‘misappropriation of trade secrets’ resulted in financial damages.
Egorov’s legal team says the lawsuit’s claims are ‘nothing more than a clever narrative.’
Source: #Dlnews
#crypto2023 #KeepPosting #KeepParticipating #dyor
ParaFi, Framework Ventures, and 1kx claim that Curve founder Michael Egorov was involved in deceptive practices.
In the suit, the VCs say his ‘misappropriation of trade secrets’ resulted in financial damages.
Egorov’s legal team says the lawsuit’s claims are ‘nothing more than a clever narrative.’
Source: #Dlnews
#crypto2023 #KeepPosting #KeepParticipating #dyor
SEC Subpoenas Three Crypto VCs As Crackdown Intensifies !!
According to a DLNews report, the U.S. Securities and Exchange Commission subpoenaed at least three venture capital firms over the past year.
The agency’s subpoenas reportedly asked the firms to provide information on "any contract for any token deal the investors have ever done."
The development follows earlier hints that the SEC crackdown on crypto is widening. A lawyer at a crypto VC firm unaffected by the subpoenas described the development as a costly “overreaching fishing expedition.”
#sec #crypto #Dlnews #TrumpCrypto #TONonBinance
According to a DLNews report, the U.S. Securities and Exchange Commission subpoenaed at least three venture capital firms over the past year.
The agency’s subpoenas reportedly asked the firms to provide information on "any contract for any token deal the investors have ever done."
The development follows earlier hints that the SEC crackdown on crypto is widening. A lawyer at a crypto VC firm unaffected by the subpoenas described the development as a costly “overreaching fishing expedition.”
#sec #crypto #Dlnews #TrumpCrypto #TONonBinance