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Crypto Powerhouse ConsenSys Faces Action by Former Employees

  • A group of 35 employees alleges ‘serious irregularities’
  • Swiss entity refutes the allegations underlying action

A group of former employees of the ConsenSys AG is alleging “serious irregularities” at the startup incubator that owns a minority interest in the namesake crypto-related software company.

Claiming to represent 35 employees, the group filed for a Swiss court to conduct a special audit, to look at an asset transfer out of ConsenSys AG (Mesh) into a new entity that the group claims “was to the detriment of the minority shareholders.”