The Block: Early BitMEX investor sues the crypto exchange for allegedly denying him $50M worth of equity
Quick Take
An angel investor alleges he gave BitMEX $30,000 in 2015 as an early investor in the company when nobody believed in it
The investor paid $30,000 in exchange for a SAFE agreement that promised him a stake in the company following a successful equity funding round
Now, the investor has sued the exchange — he alleges that equity was raised but that he never received his promised stock
Additional Info
- Read full article on: The Block
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