Tag: Dilution

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‘He broke his word’ — Ex-ConsenSys staff sue founder over employee equity deal

October 20, 2023

ConsenSys founder Joseph Lubin has been named in a new lawsuit filed in New York by over two dozen former ConsenSys employees. Over two dozen former employees of Ethereum infrastructure firm ConsenSys have filed a fresh lawsuit against the firm’s founder and CEO, Joseph Lubin, over claims he diluted employee equity shares against earlier promises.…
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Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal

March 8, 2023

Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower the quality of gold. Reportedly,…
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