This lawsuit could sink one of the hottest bitcoin companies

By June 4, 2015Bitcoin Business

LifeLock alleges that Xapo was developed at Lemon, a company LifeLock acquired.

Xapo is on of the bitcoin market’s hottest companies. It has raised $40 million from top venture capitalists. It has added luminaries to its advisory board, like former U.S. Treasury Secretary Larry Summers and Visa founder Dee Hock. It also is the subject of a previously-unreported fraud lawsuit that could eventually threaten its very existence.

The plaintiff is LifeLock LOCK -1.16% , […]

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