Ex-Developer Sues Digital Co. For $1M In Unpaid Tokens – Law360

By Ronan Barnard (June 15, 2022, 5:10 PM BST) — A Danish software engineering company has sued a cryptocurrency developer for more than $1 million worth of tokens after the company’s director developed software that helped secure $15 million in investment for the cryptocurrency business.

Wonop ApS slapped Fetch.AI Ltd. with a High Court lawsuit saying the crypto-asset firm owes Wonop’s director almost 1.5 million tokens for software development work that made their cryptocurrency software systems viable. The May 13 suit was recently made public.

Fetch.AI, based in Bury St. Edmunds, eastern England, developed a decentralized machine-learning network based on its own cryptocurrency, known as FET tokens.

Troels Rønnow, Wonop’s director,…

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