TLDR Investors filed lawsuit against Jonathan Mills on May 14 in Illinois court Plaintiffs claim Mills diverted at least $3 million from Bitcoin mining operations Investors say they raised $1.46 million from NFT drops but received zero returns Mills allegedly structured shareholder agreement giving himself 67% equity and voting power Plaintiffs seek constructive trust over assets and full legal restitution A group of disgruntled investors has taken legal action against Jonathan Mills, the founder of Hashling NFT and CEO of Satoshi Labs LLC, alleging he misappropriated millions in funds from their joint cryptocurrency ventures. The lawsuit, filed in an Illinois…
Author: Oli Dale
Oli Dale
Founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More.
TLDR kpk (formerly karpatkey) has fully transitioned to a decentralized autonomous organization (DAO) with the launch of its KPK governance token The total supply is 1 billion KPK tokens with limited initial transferability and no exchange listings at launch kpk is a non-custodial DeFi asset manager serving major DAOs including Uniswap, Aave, Lido, and Arbitrum The company is pioneering a “token-for-equity” strategy, swapping KPK tokens for stakes in crypto companies like Hypernative The transition fulfills kpk’s founding vision of community-led financial stewardship with governance via Snapshot and Tally kpk, formerly known as karpatkey, has officially launched its governance token KPK…