ConsenSys Settles Lawsuit With Former Venture Capital Chief Kavita Gupta

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JUST IN: Ethereum firm ConsenSys and former VC chief KavitaGupta19 “have agreed to settle their respective litigations against each other.” IanAllison123 reports

The main entrance of ConsenSys' Brooklyn headquarters as seen in 2018.

Ethereum software developer ConsenSys has settled an acrimonious lawsuit with its former head of venture capital, Kavita Gupta. “ConsenSys Mesh and Kavita Gupta have agreed to settle their respective litigations against each other,” a ConsenSys spokesperson told CoinDesk. “The parties agree that ConsenSys Mesh has not breached any of its contractual obligations to Ms. Gupta.”

Two people with knowledge of the situation had earlier told CoinDesk a settlement agreement had been brokered.and asked for at least $30 million in monetary damages.

 

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