New Lawsuit Filed Against Bitcoin Wallet Xapo Founder

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Identity-theft insurance association Lifelock has filed another lawsuit opposite Wences Casares, owner of bitcoin wallet association Xapo.

The fit was filed on Monday in Delaware Chancery Court against Casares and his former CFO during digital wallet startup Lemon, Cynthia McAdam, who now serves as boss and ubiquitous warn for Xapo.

LifeLock has purported that a dual funded egghead skill associated to Xapo and bitcoin formation program for Lemon that should have been enclosed a 2013 acquisition of a startup by LifeLock, according to Courthouse News.

The fit also alleges that both Casares and McAdam worked on building Xapo during a transition duration when they were underneath a occupy of Lifelock.

The censure states:

“Defendants’ post-merger practice was small some-more than a device since while employed by Lemon, in Lemon offices, on Lemon computers and on Lemon-owned cloud server accounts, during Lemon-paid business hours, and regulating Lemon IP, defendants simply plotted their exit to Xapo while devoting a infancy of their time to building Xapo products.”

Lifelock filed a identical lawsuit final year opposite Casares in a Superior Court of a State of California, a fit that was eventually dismissed.

Within a month of a initial news of a strange California suit, Casares filed


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