Jump Trading files lawsuit against former software engineer Liam Heeger, alleging he now runs a 'competing business'

avatar
MarsBit
01-23
This article is machine translated
Show original
According to Mars Finance news, Jump Trading has filed a lawsuit against its former software engineer Liam Heeger, accusing him of now operating a "competitive business" in violation of his non-compete obligations. The company claims that Heeger, who previously co-led the large blockchain project Firedancer at Jump, resigned from the company on November 11 and violated the non-compete agreement. The documents show that Heeger has launched a new blockchain development company that "directly competes with Jump." Jump claims that Heeger obtained $30 million in funding at a $50 million valuation within a month of his resignation, which directly violates his contractual non-compete obligations.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments