CipherBlade Founder Says Blockchain Sleuthing Firm ‘Hijacked’

CipherBlade Founder Says Blockchain Sleuthing Firm 'Hijacked'

The Pennsylvania firm claims that a group of employees executed a “hostile takeover” of the company earlier this year while founder Richard Sanders was volunteering in war-torn Ukraine assisting local police with crypto investigations, according to a lawsuit. In his absence, the firm’s clients and some staff were transferred to new CipherBlade entities in Alaska and Singapore, effectively emptying his business, Sanders told CoinDesk.

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