Jump Trading has filed a lawsuit against Liam Heeger, its former software engineer, alleging that he is now running a "competitive business" and breaching non-compete obligations. The company alleges that Heeeger, who co-led Firedancer, a large blockchain project at Jump, violated non-compete agreements after he resigned from the company on November 11. The documents show that Heeger started a new blockchain development business to "compete directly with Jump".
Jump alleged that Heeger had already secured $3 million in financing at a $50 million valuation within a month of his resignation, in direct violation of his contractual non-compete obligations. Jump also said that Heeger secretly raised money for his new business at the Breakpoint meeting in Singapore while he was still working at the company and co-leading the Firedancer project.
Jump Trading is suing its former engineers for founding competing projects and secretly raising funds
2025-01-23 09:49:38
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