Theta Labs Execs Sued for Alleged Fraud, Manipulation

Former Theta Labs executives file whistleblower lawsuits against CEO Mitch Liu, alleging years of deception, market manipulation, and retaliation. The complaints detail a pattern of self-dealing involving Theta Lab’s crypto tokens and NFT marketplace, with Liu accused of using the company as his personal trading vehicle and committing fraud. The lawsuits also claim false bids for NFTs linked to celebrity partnerships and schemes to inflate THETA Token prices for personal gain.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.