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ConsenSys Accused Of Stealing IP From A Startup In Its Own Incubator
Summary: Canada-based fintech firm BlockCrushr has filed a lawsuit in New York accusing blockchain tech company ConsenSys of stealing trade secrets.BlockCrushr claims that ConsenSys launched an Ether-based recurring payments platform called ‘Daisy Payments’ one day before the Canadian firm launched its own product. BlockCrushr was a participant in the Consensys Tachyon Accelerator program and accuses the elder ...
Canada-based fintech firm BlockCrushr has filed a lawsuit in New York accusing blockchain tech company ConsenSys of stealing trade secrets.
BlockCrushr claims that ConsenSys launched an Ether-based recurring payments platform called ‘Daisy Payments’ one day before the Canadian firm launched its own product.
BlockCrushr was a participant in the Consensys Tachyon Accelerator program and accuses the elder firm of posing as an advocate and mentor before replicating the startup’s proprietary technology. “Defendants launched Daisy Payments by leveraging the trade secrets Burke and Redden disclosed during the Tachyon accelerator program,” the complaint asserts.
Tracy Chen
Tags: ConsenSys
Link: ConsenSys Accused Of Stealing IP From A Startup In Its Own Incubator [Copy]
