In a motion to compel filed last week with the U.S. Bankruptcy Court for the District of Delaware, the trust acting in the interest of Cred lenders said that former Cred executives โsecretly conspiredโ to form Earnity. The new DeFi company, under its beneficial owner Dominic Carosa, then purchased Credโs electronics, computers and other assets from the trust without disclosing its ties to Cred.
DeFi Startup Earnity Accused of IP Fraud in Cred Bankruptcy
