Former employees of ConsenSys AG, a company founded by an Ethereum co-founder, file a lawsuit for breach of contract.
Interestingly, the company’s spokesperson has stated that the said individuals are embarking on a fruitless journey. 
27 former employees of ConsenSys AG have sued the founder, Joseph Lubin, for depriving them of their equity. ConsenSys AG was launched right before the Ethereum blockchain went live, and Lubin had 100 percent ownership of the company. The plan was to build a decentralized financial and consumer application to create a new, peer-to-peer internet. 
According to the court document, Lubin planned a hub-and-spoke organizational model to attract developers, creatives, and executives. This time, the idea was to make the company, its projects, and IP to be owned by all the employees. In this case, early employees were hired with the promise of owning equity in the ConsenSys hub.
Based on this promise, they could not receive salaries that would have been pai

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