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Reading: Polychain Accuses Ex-Accomplice of $13M Secret Token Cope with Eclipse Labs – The Defiant
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The Texas Reporter > Blog > NFTs > Polychain Accuses Ex-Accomplice of $13M Secret Token Cope with Eclipse Labs – The Defiant
NFTs

Polychain Accuses Ex-Accomplice of $13M Secret Token Cope with Eclipse Labs – The Defiant

Editorial Board
Editorial Board Published July 10, 2024
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Polychain Capital has accused its former basic companion, Niraj Pant, of violating firm insurance policies by secretly securing a token cope with Eclipse Labs, a startup during which Polychain had invested

Polychain Capital has accused its former basic companion, Niraj Pant, of violating firm insurance policies by secretly securing a token cope with Eclipse Labs, a startup during which Polychain had invested. Pant allegedly organized to obtain a 5% token stake, later lowered to 1.3%, price $13 million, shortly after main Polychain’s $6 million pre-seed funding spherical for Eclipse Labs. The deal was made with Neel Somani of Eclipse Labs. This incident highlights ongoing issues throughout the crypto trade relating to undisclosed advisory roles and token offers. Moreover, Polychain additionally invests in Pant’s AI startup.

That is an AI-generated article powered by DeepNewz, curated by The Defiant. For extra data, together with article sources, go to DeepNewz.

TAGGED:13MAccusesDealDefiantEclipseExPartnerLabsPolychainSecretToken
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