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

Jump Trading Accuses Former Engineer of IP Theft

user avatar

by Giorgi Kostiuk

5 months ago


Jump Trading has filed a lawsuit against former engineer Liam Heeger, accusing him of breaching agreements and using intellectual property to launch a new blockchain project.

Details of the Allegations

In a complaint filed in a Chicago federal court, Jump Trading claims that Liam Heeger violated a non-compete agreement by creating a competing business. Jump states that Heeger worked on the Firedancer project, which is a key part of their blockchain developments, and had access to the company's confidential information.

Response from Ex-Engineer

On January 22, Heeger stated in a post that he left the Firedancer project to found Unto Labs, which will work on a new blockchain initiative. However, comments from him or Unto Labs were not available at the time of writing.

Company's Stance and Future Actions

Jump Trading insists on enforcing the non-compete agreement and demands the return of intellectual property, as well as a prohibition on working with Heeger on the new project. It is also reported that Heeger consulted venture capitalists about funding the new business at a conference in Singapore while still employed by Jump Trading.

The legal proceedings between Jump Trading and Liam Heeger will continue. Jump aims to protect its rights and intellectual property in the competitive blockchain industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

TON Foundation Clarifies No UAE Government Endorsement for Golden Visa

chest

The TON Foundation clarified that its proposed Golden Visa blockchain initiative is not officially endorsed by the UAE government and remains in early stages.

user avatarGiorgi Kostiuk

BlackRock iShares Bitcoin ETF Reaches 55% Market Share in Spot Bitcoin ETFs

chest

BlackRock iShares Bitcoin ETF increases assets to 700.3 BTC, making up 55% of all Bitcoin in U.S. spot ETFs.

user avatarGiorgi Kostiuk

Bit Digital Changes Strategy: From Bitcoin to Ethereum

chest

Bit Digital announced a significant increase in its investments in Ethereum after selling 280 bitcoins.

user avatarGiorgi Kostiuk

Goldman Sachs: Fed May Start Cutting Rates Earlier Than Expected

chest

Goldman Sachs forecasts that the Fed may begin cutting interest rates in September 2025 amid easing inflation pressures.

user avatarGiorgi Kostiuk

Whale Returns with Massive BTC Short Position

chest

A well-known crypto whale opens a 40x short position on Bitcoin worth $118.8 million, raising market concerns.

user avatarGiorgi Kostiuk

Cryptocurrency: Bitcoin and Ethereum Decline Amidst Surge of MemeCore and AMO Coin

chest

Top cryptocurrencies like Bitcoin and Ethereum show declines while MemeCore and AMO Coin see significant gains.

user avatarGiorgi Kostiuk
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.