April 1, 2021, 7:23 PM
A enterprise developer’s lawsuit alleging Elysian International Corp. didn’t pay him for his providers in reference to an preliminary coin providing have to be dismissed for lack of jurisdiction, a federal courtroom in New Jersey mentioned Thursday.
Keith Magill alleges Elysian agreed to pay him $200,000 price of the cryptocurrency Ethereum if its ICO had been profitable. In return, Magill labored to persuade potential buyers to purchase Elysian’s ELY tokens in the course of the ICO, developed advertising and marketing supplies, and managed Elysian’s social media, amongst different duties, he says.
The ICO raised $7 million, however Magill alleges he was solely paid $12,500 price of…