"From innovation to litigation: Jump Trading battles to protect its blockchain secrets. 🚨"

🚨 Jump Trading Sues Ex-Engineer Over Non-Compete Breach 🚨

Jump Trading has taken legal action against its former software engineer, Liam Heeger, accusing him of violating non-compete agreements and misusing intellectual property to create a rival venture, Unto Labs.

🔍 Key Details:

Role: Heeger was a lead engineer on the Firedancer blockchain project from Feb 2023 to Nov 2024.

Violation: Allegedly used confidential information to launch Unto Labs, focused on building a next-gen layer-1 blockchain.

Funding: Secured $3M in funding at a $50M valuation shortly after resigning.

Lawsuit: Filed in Chicago on Jan 21, seeking enforcement of a 2-year non-compete clause and return of proprietary data.

Jump Trading stresses the importance of protecting its blockchain tech and strategies in this competitive space.

What’s your take on this high-stakes legal battle? Share your thoughts!

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