- 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 have been a part of his compensation bundle from 2020 to 2022.
The dispute started when the previous worker filed go well with in opposition to Chiliz officers on April 19, claiming he was terminated for elevating issues 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 example escalated when the ex-employee determined to take authorized motion, in search of 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 repute and counter the allegations made in opposition to it.
Chiliz’s civil go well with seeks damages from the previous worker, arguing his actions have harmed the corporate’s repute and operations. The felony case revolves round allegations of defamation, with Chiliz claiming the ex-employee’s statements have been false and damaging.
Nonetheless, the authorized proceedings haven’t been fully favorable for Chiliz. In April, the previous worker misplaced a civil case for damages, and prosecutors dropped defamation expenses resulting from inadequate proof. This determination signifies that the proof introduced by Chiliz didn’t meet the required authorized requirements to show defamation.
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