Former ConsenSys Employees Sue CEO Joseph Lubin Over Alleged Equity Dilution

Former employees of ConsenSys have filed a lawsuit against the company's founder CEO, Joseph Lubin, alleging that he breached a "no-dilution promise" made in 2015. The lawsuit filed in New York Supreme Court on October 19, claims that Lubin diluted the equity shares of former staff, contrary to earlier assurances. The plaintiffs contend that Lubin enticed them to join ConsenSys in late 2014 by projecting the firm as the "future of cryptocurrency" and the "crypto Google." ... Read More: Former ConsenSys Employees Sue CEO Joseph Lubin Over Alleged Equity Dilution