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Disputes among Milady team members escalated, with both parties vying for control of the project and accusing each other of misappropriating funds.

2023-09-13 03:55
Odaily News Malfeasance and misappropriation of Remilia funds. Three weeks ago we sent a letter to Charles, trying to get him to recognize us as co-founders, provide us with the equity we were entitled to in the company, and ask him to return the money he had removed from the treasury. All funds. In response to our letter, and after Charles attorneys asked us not to go public with our concerns, Charles filed a lawsuit falsely labeling us independent contractors and terrorists. Charles made these claims without was able to offer an arbitrary contract without attaching it to the numerous pieces of information we received from him that substantiate our claims and contradict his own. We welcome the opportunity to resolve this dispute in court.” The The statement clarified: Remilia has always been a collective. The LLC created unilaterally by Krishna in Delaware does not own the assets of the collective and was formed without the knowledge or support of the other co-founders. We are Co-founders, executives, board members and equity holders, there is evidence such as signed contracts, text messages, phone calls, etc. Bonkler’s treasury has not been stolen, and the funds have been (and will continue to be) safely held by the auction contract controlled by Ccccaa Yes, this was done with the previous approval of the Remilia co-founders. After discovering that Charles had removed other funds from the collective treasury without authorization, we asked Charles to transfer the funds to his personal account in the collective treasury multi-signature address. $600,000 in assets was returned to the collective, but he removed all of Remilias other co-founders from the treasurys multisig addresses, and after his public posts and indictment, he withdrew a total of $2.6 million worth of digital assets. , and transferred digital assets worth $1.9 million to a Coinbase wallet controlled solely by him. In response, Milady founder Charlotte Fang responded: Remilia has no co-founder. From the beginning, I have held a right to the funds and sole control of operations. Prior to forming the LLC, I had sole control of the assets used to fund Remilias operations, and they entered into agreements directly with me and were compensated from the funds I controlled. The core team working on Milady and Remilio Received a share of the revenue and accepted to join the company in a regular capacity to continue working, without these individuals ever engaging in equity negotiations at that time or at any time. The lawsuit was filed in response to a request that all of Remilia’s stablecoin and NFT treasury be transferred to It resulted from the seizure of the companys property before it was equally divided among entities controlled by five parties. They threatened public exposure first and refused to comply with a cease and desist order or engage in private arbitration. I took action to freeze Bonkler to protect the interests of the community. This developer has no right to retain ownership of the Bonkler contract. Jimbo did receive a letter of intent from a co-founder, but he turned it down at the time. ” According to previous news, Milady founder Charlotte Fang posted on the NFT reserve. Currently, the X accounts of miladymaker and remilionaire are under the control of the developer. Charlotte Fang said that the relevant members have been locked and they will be held accountable to the fullest extent of the law. The casting of Bonkler NFT is temporarily suspended, and Bonkler’s Community treasury, contracts and NFT are all safe. Other series of NFT by Milady parent company Remilia are not affected for the time being.