Ex-Employee Claims Liquid Global Exchange 'Scapegoated' Her for $90M Hack

2 years ago

A erstwhile worker of crypto speech Liquid Global has filed a wrongful termination suit against the company’s Singapore subsidiary, Quoine Pte Ltd, successful Singapore's High Court.

Marisa McKnight, Liquid Global’s erstwhile caput of merchandise and selling successful Japan, wherever the institution is based, claims that she “was simply being utilized arsenic a scapegoat for the hack” of the speech disclosed connected Aug. 19, 2021. The institution claimed hackers stole astir S$97 cardinal (about US$71 million) worthy of integer currency, the filing says.

The size of the hack was aboriginal reported to beryllium $90 million, and Liquid aboriginal obtained a $120 cardinal loan from crypto derivatives powerhouse FTX, which yet agreed to get Liquid outright for an undisclosed price. That woody was expected to adjacent this month.

McKnight's connection of assertion says:

  • Quoine did not pass McKnight internally astir the hack contempt the information that she was successful complaint of communicating applicable societal media posts from the Japan office.

  • She felt progressively excluded and isolated; she resigned via email connected Sept. 15, 2021.

  • In her exit interview, Chi Tran, Liquid Global’s main selling officer, and Graeme Doherty, the main accusation officer, informed her that investigative bodies were waiting to analyse her successful the United States and Japan, and that grounds pointed to her enactment laptop being progressive successful the hack. McKnight "strenuously denied immoderate engagement successful the [h]ack" during that conversation, the filing says.

  • She refused to question to Japan oregon vessel her laptop to Quoine “given baseless threats made against her” and the nonaccomplishment of Mike Kayamori, CEO of Liquid Global, to adequately code concerns she raised implicit email.

  • She was terminated connected grounds of gross insubordination and a superior breach of obligations connected Oct. 7, for which she maintains determination were “no grounds."

  • She is suing for the nonaccomplishment of 60 shares, worthy $210,000, positive nonaccomplishment of estimation and nonaccomplishment of aboriginal employment opportunities.

Liquid did not respond to a petition for remark by property time.

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Lavender Au is simply a CoinDesk newsman with a absorption connected regularisation successful Asia. She holds BTC, ETH, NEAR, KSM and SAITO.


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