Former Employee Sues Chiliz for $10 Million in Unpaid Tokens
- Chiliz, a blockchain project for sports, faces a legal dispute over unpaid token compensation.
- A former Korean employee claims Chiliz failed to deliver promised tokens from 2020 to 2022.
- Chiliz counters with civil and criminal lawsuits, alleging confidentiality breaches and defamation.
Chiliz, a blockchain platform specializing in sports and entertainment fan tokens, is facing a legal challenge from a former Korean employee alleging the company failed to deliver on $10 million worth of promised token compensation.
South Korean news outlet NoCutNews reports that the ex-employee alleges Chiliz officials failed to deliver on a promised $10 million worth of tokens, which were part of his compensation package from 2020 to 2022.
The dispute began when the former employee filed suit against Chiliz officials on April 19, claiming he was terminated for raising concerns about the unpaid tokens. The employee’s lawsuit claims that he fulfilled his duties as promised, yet the token compensation never materialized. This situation escalated when the ex-employee decided to take legal action, seeking justice and the compensation he believes is rightfully his.
In respons…
The post Former Employee Sues Chiliz for $10 Million in Unpaid Tokens appeared first on Coin Edition.
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Former Employee Sues Chiliz for $10 Million in Unpaid Tokens
- Chiliz, a blockchain project for sports, faces a legal dispute over unpaid token compensation.
- A former Korean employee claims Chiliz failed to deliver promised tokens from 2020 to 2022.
- Chiliz counters with civil and criminal lawsuits, alleging confidentiality breaches and defamation.
Chiliz, a blockchain platform specializing in sports and entertainment fan tokens, is facing a legal challenge from a former Korean employee alleging the company failed to deliver on $10 million worth of promised token compensation.
South Korean news outlet NoCutNews reports that the ex-employee alleges Chiliz officials failed to deliver on a promised $10 million worth of tokens, which were part of his compensation package from 2020 to 2022.
The dispute began when the former employee filed suit against Chiliz officials on April 19, claiming he was terminated for raising concerns about the unpaid tokens. The employee’s lawsuit claims that he fulfilled his duties as promised, yet the token compensation never materialized. This situation escalated when the ex-employee decided to take legal action, seeking justice and the compensation he believes is rightfully his.
In respons…
The post Former Employee Sues Chiliz for $10 Million in Unpaid Tokens appeared first on Coin Edition.
Read More