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🟠POLYCHAIN ACCUSES EX-EMPLOYEE OF MISCONDUCT

🟠POLYCHAIN ACCUSES EX-EMPLOYEE OF MISCONDUCT

Day: 09 | Time: 21:15:16 Polychain, one of the largest cryptocurrency venture capital firms, has accused former employee Niraj Pant of entering into a secret agreement with wallet company Eclipse Labs that violated the fund's policies. Pant allegedly obtained 5% of an Eclipse cryptographic token in September 2022, shortly after leading a $6 million pre-seed fundraising round on behalf of Polychain. The allocation was later reduced to 1.33% of the token's value. Polychain only discovered the agreement after Pant's departure.

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