ConsenSys Settles Lawsuit With Former Venture Capital Chief Kavita Gupta

2 years ago

Ethereum bundle developer ConsenSys has settled an acrimonious suit with its erstwhile caput of task capital, Kavita Gupta.

“ConsenSys Mesh and Kavita Gupta person agreed to settee their respective litigations against each other,” a ConsenSys spokesperson told CoinDesk. “The parties hold that ConsenSys Mesh has not breached immoderate of its contractual obligations to Ms. Gupta.”

Two radical with cognition of the concern had earlier told CoinDesk a colony statement had been brokered.

Lawyers for Gupta, who worked astatine ConsenSys betwixt 2017 and 2019, had filed a ailment against the company and asked for astatine slightest $30 cardinal successful monetary damages.

The nonstop colony granted to Gupta is not known, but a root told CoinDesk it was “give oregon instrumentality $10 million.”

Lawyers for Gupta besides declined to comment.

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Ian Allison is an award-winning elder newsman astatine CoinDesk. He holds ETH.


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