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Former Bitcoin.com CEO sues oracle over 37.5M allegedly unpaid tokens

Published 01/05/2021, 06:58 AM
Updated 01/05/2021, 08:40 AM
Former Bitcoin.com CEO sues oracle over  37.5M allegedly unpaid tokens
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Mate Tokay, Bitcoin.com’s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000.

Tokay claims that he was never paid for his services, despite the project using his name for recognition to attract investment for Bridge.link's $8 million initial exchange offering three months ago. He adds that Bridge’s founder Sina (NASDAQ:SINA) Estavi offered to compensate Tokay with “a far lower sum” than what was agreed in their contract, adding that other advisors have allegedly received similar treatment.

Bridge Oracle (NYSE:ORCL) 180-day price chart. Source: CoinGecko

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