"Group finance officer Andrew Moody and general counsel David Brookes claim that they were dismissed in retaliation for blowing the whistle on an alleged attempt by an investor to acquire the company's intellectual property without the knowledge of nChain's directors. The firm, together with three company officials, dispute the claims, which were made yesterday at a London employment tribunal. They argue that the directors had not made protected disclosures and were properly dismissed for gross misconduct."
"The two directors claim that the documents, which consisted of three agreements with an investment company, contained a mechanism that could have stripped nChain of its entire portfolio of intellectual property and were an "existential threat" to the nChain group. They claim they were led to believe that the documents were drawn up at the insistence of an investor in nChain to "hedge their bets" if litigation brought against Wright to overturn his claims of being Sakatoshi Nakamoto were successful."
Two former nChain UK directors, group finance officer Andrew Moody and general counsel David Brookes, have brought legal claims at a London employment tribunal after being dismissed. They allege the dismissals were retaliatory whistleblowing following discovery of documents created without directors' knowledge that could transfer the company's intellectual property to an investor. The documents allegedly comprised three agreements containing a mechanism that could strip nChain of its IP and posed an existential threat. nChain and three company officials deny that protected disclosures were made and say the directors were properly dismissed for gross misconduct. A 2024 high court finding concluded Craig Wright fabricated documents and repeatedly lied about being Satoshi Nakamoto.
Read at ComputerWeekly.com
Unable to calculate read time
Collection
[
|
...
]