Legendary Video games is in some scorching water, because it has lately been topic to a lawsuit from former senior members of its group this week. Expenses have been filed on account of the three members of workers have been covertly elevating over $150 million for its new web3 firm – Fenix Video games.
The three now founders of Fenix are Chris Ko (Snr VP), Matt Nutt (COO) and its Co-Founder Rudy Koch.
Whereas the three departures didn’t elevate any alarms, Legendary Video games believes that some foul play came about.
In November, the trio introduced their departure to discovered Fenix Video games. As soon as the corporate itself went stay, Fenix introduced that that they had secured an enormous funding from the United Arab Emirates-based enterprise capital agency – Cypher Capital.
Since then, Legendary Video games filed court docket circumstances towards all three of its former executives. In complete, the trio have been accused of 10 counts, together with fraud and breach of contract, particularly the place suspicions emerge that exercise occurred whereas they have been nonetheless employed.
Total, Legendary’s lawsuits demand the return of any stolen funds whereas asking for restrictions towards use whereas requiring compensatory/punitive damages.
