Jump Trading's Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol's current market cap.
The two executives, Joshua Porter and Gulsen Kama, say they were fired for attempting to blow the whistle on alleged accounting and securities fraud at the company.
The late-night messages NYAG alleged were evidence of a fraudulent conspiracy were, according to DCG’s lawyers, “lawful, good-faith efforts by DCG to support a subsidiary.”