Lеgal

Chainalysis Bags Dismissal In $80M Employment Contract Breach Lawsuit

A lawsuit seeking $80 million in damages against the blockchain analysis firm Chainalysis has been dismissed by Manhattan Supreme Court Justice Joel Cohen. The plaintiff, Blake Ratliff, who is a former employee of Chainalysis, claimed that the firm breached an alleged oral agreement to modify the terms of his stock options. However, the court sided with Chainalysis, represented by Skadden, Arps, Slate, Meagher & Flom.

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