• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Helius Conflict: Former Engineer Accuses Founder of Career Sabotage

user avatar

by A1

2 hours ago


Former Helius infrastructure engineer Miles Smith has accused the company's founder, Mert Mumtaz, of corporate misconduct. In a post, Smith claimed Mumtaz engaged in corporate misrepresentation, created a toxic work environment, and attempted to sabotage his career after he left.

Intellectual Property Theft and Workplace Toxicity

Smith described cases of intellectual property theft at the 2023 Solana hackathon, where the Xray team finished second. He also reported Mumtaz claimed Xray as a Helius product and witnessed Mumtaz verbally abusing a Cloudflare sales representative.

This matters because this is how Helius pretends to have the best uptime, when really they have shitty internal uptime and mask it by paying QuickNode to pick up the slack.

Corporate Misrepresentation and Career Sabotage

Smith alleged that the company was masking its technical capability shortfalls using paid services. His relationship with Mumtaz deteriorated, resulting in him being fired via text during his son's baseball game. Smith faced difficulties when investors pulled out after contacting Mumtaz.

Post-Helius Situation and Investments

In 2024, Helius raised $9.5 million in a Series A round, planning to expand its team to 18, including four new engineers. This came after Smith faced challenges securing investments for his startup.

Miles Smith's allegations highlight significant internal issues at Helius, including management conflicts. While the company continues to attract investments, former employees report unethical practices and negative work conditions.

0

Share

Other news

Bitcoin Ends January With 11.5% Increase: What to Expect in February?

Bitcoin holds above $100,000, rising by 11.5% in January 2025. What to expect in February?

user avatarA1

a few seconds ago

Rollblock and Blockchain Security in iGaming Growth

Rollblock applies blockchain technology to iGaming as Ethereum shows a rise in active addresses.

user avatarA1

a few seconds ago

Lawsuit Against Binance for Alleged Hamas Ties Still Pending

Court hasn't decided on the lawsuit against Binance over alleged Hamas ties following the 2023 attack.

user avatarA1

2 minutes ago

LDO Could Achieve New Heights with Key Breakouts

LDO's price rose 30% in 3 days; technical signals suggest further growth, potentially reaching $7-$8.

user avatarA1

5 minutes ago

Uniswap v4: New Opportunities for DeFi Developers and Users

Uniswap unveils v4, an advanced DEX protocol version accessible on Ethereum, Polygon, and more.

user avatarA1

6 minutes ago

Crypto Market Surges While CryptoQuant Urges Caution

CryptoQuant's analysis points to a potential cycle peak amidst market growth.

user avatarA1

6 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.