A legal fight has emerged between the Ethereum-focused company ConsenSys AG and a former venture executive.
The spat, first detailed by Business Insider on Thursday, broke into the open with a December 31 filing from Kavita Gupta, formerly founding managing partner for ConsenSys’s venture fund. In that filing, Gupta alleged that ConsenSys owes her a portion of the money generated by that fund, stating that the fund’s value has grown to more than $300 million since inception. Per Business Insider, ConsenSys has allegedly offered a fraction of the amount she seeks.
ConsenSys, in turn, unveiled a series of allegations in a 29-page court filing on January 10, alleging that Gupta engaged in resume fraud by lying about her professional credentials and then provided fabricated materials when her resume was called into question.
The filing also claimed that Gupta’s “toxic and abusive personality” resulted in a loss of employees and investment opportunities as well as “reputational harm.”
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