Liang alleges that a token purchase agreement (TPA) between him and Olympus stated that money raised in the private funding round would go to a company that did not actually exist. With the identities of Olympus’s founders a secret, the lack of an officially-registered company behind the fundraiser was, according to the lawsuit, designed to make it difficult for an investor like Liang to pursue legal action against the project.
Related posts
-
‘Hawk Tuah’ Girl Hailey Welch Faces Lawsuit After 95% Crash
Este artículo también está disponible en español. Hailey Welch, popularly known as the “Hawk Tuah Girl,”... -
Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global
Coinbase has thrown a legal argument against a lawsuit... -
Navigating the Crypto Landscape: Insights from XYO Co-Founder Markus Levin on DePIN, Data Sovereignty, and Universal Basic Income
XYO is the world’s first and largest DePIN. Bridging...