Coinbase CEO Brian Armstrong Is Sued for Allegedly Stealing Blockchain Startup’s Work

Posted on by American Coins & Gold

Coinbase CEO Brian Armstrong Is Sued for Allegedly Stealing Blockchain Startup’s Work
Brian Armstrong, the CEO of publicly traded crypto exchange Coinbase, allegedly stole the work of a blockchain accelerator under the guise of potentially making an investment in one of its projects.Blockchain accelerator MouseBelt Labs filed a complaint in California’s supreme court Friday alleging that in June 2019 Armstrong offered to invest in Knowledgr – a platform used to distribute scientific papers with tokens offered as an incentive – so he could use confidential information for ResearchHub, a similar platform he was working on, and eliminate Knowledgr as a competitor.According to the complaint, Armstrong offered financial backing to Knowledgr – in…