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- Chiliz, a blockchain undertaking for sports activities, faces a authorized dispute over unpaid token compensation.
- A former Korean worker claims Chiliz did not ship promised tokens from 2020 to 2022.
- Chiliz counters with civil and felony lawsuits, alleging confidentiality breaches and defamation.
Chiliz, a blockchain platform specializing in sports activities and leisure fan tokens, is dealing with a authorized problem from a former Korean worker alleging the corporate did not ship on $10 million price of promised token compensation.
South Korean information outlet NoCutNews experiences that the ex-employee alleges Chiliz officers did not ship on a promised $10 million price of tokens, which had been a part of his compensation bundle from 2020 to 2022.
The dispute started when the previous worker filed swimsuit in opposition to Chiliz officers on April 19, claiming he was terminated for elevating considerations in regards to the unpaid tokens. The worker’s lawsuit claims that he fulfilled his duties as promised, but the token compensation by no means materialized. This case escalated when the ex-employee determined to take authorized motion, searching for justice and the compensation he believes is rightfully his.
In response, Chiliz has filed each civil and felony lawsuits in opposition to the ex-employee, alleging a breach of confidentiality agreements and the dissemination of false data to the media.
These actions have added one other layer of complexity to the authorized battle, as Chiliz seeks to defend its popularity and counter the allegations made in opposition to it.
Chiliz’s civil swimsuit seeks damages from the previous worker, arguing his actions have harmed the corporate’s popularity and operations. The felony case revolves round allegations of defamation, with Chiliz claiming the ex-employee’s statements had been false and damaging.
Nevertheless, the authorized proceedings haven’t been solely favorable for Chiliz. In April, the previous worker misplaced a civil case for damages, and prosecutors dropped defamation expenses on account of inadequate proof. This resolution signifies that the proof offered by Chiliz didn’t meet the required authorized requirements to show defamation.
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