Two former executives of the blockchain video streaming network Theta Labs, Jerry Kowal and Andrea Berry, have filed separate whistleblower lawsuits in California, accusing the company and its CEO, Mitch Liu, of long-term fraudulent token manipulation, misleading partnership promotions, and retaliation against internal whistleblowers. The lawsuits allege that Liu, through Theta Labs and its parent company, Silver VR Technologies, manipulated the price of THETA tokens using false or highly misleading "partnerships" and conducted undisclosed internal token sales. Theta Labs has not yet responded to the allegations. (Decrypt)
Theta Labs CEO accused by executives of long-term involvement in fraudulent token operations.
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