LifeLock Sues Xapo Executives Over Bitcoin Wallet Intellectual Property

By June 5, 2015Bitcoin Business

Bitcoin bank and payment processor Xapo faces uncertain waters as much of the company’s executive team is being sued for contract violations.

The misgivings center on the last months that Xapo co-founder and CEO Wences Casares, along with other Xapo employees, worked for the mobile wallet Lemon.

In December 2013, the $1.5 billion online security company LifeLock acquired the mobile wallet for $42.5 million (and rebranded it LifeLock Wallet ). As reported by Fortune , the […]

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