The Pennsylvania firm claims that a group of employees executed a “hostile takeover” of the company earlier this year while founder Richard Sanders was volunteering in war-torn Ukraine assisting local police with crypto investigations, according to a lawsuit. In his absence, the firm’s clients and some staff were transferred to new CipherBlade entities in Alaska and Singapore, effectively emptying his business, Sanders told CoinDesk.
Related posts
-
Reimagining EVM Storage: Addressing Key Blockchain Challenges
Timothy Morano Nov 21, 2024 21:12 Explore innovative solutions to optimize the... -
Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain
“A big problem with Ethereum right now is that for a block to be considered finalized,... -
AI firm Genius Group boosts Bitcoin treasury with $14m purchase
Genius Group’s shares were up 8.5% after the Singapore-based firm announced it had invested $14 million...