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Ethereum Co-Founder Vaporized Employee Stock Awards, Lawsuit Says
Ethereum co-founder Joseph Lubin robbed his earliest employees of the value of stock awards that drew them to his blockchain firm, Consensys, in the first place, ex-workers allege in a lawsuit. More than two dozen ex-employees sued Lubin, accusing him of leaving workers with worthless shares in a Swiss holding company called Consensys AG by shuffling assets including crypto wallet provider MetaMask out of the unit. In 2020, Lubin arranged to have those assets — including crypto tools developed in part by the software engineers and product designers who are suing — transferred to a new, US company, making the ... (full story)
