Orbs Sued by Former Partner for Failed Joint Venture

A former partner of a blockchain firm, Orbs based in Israel, Elad Arad has sued the company in a failed joint Venture, Cointree Capital. From the lawsuit stated, “The respondents (the Peled brothers) exploited Cointree Capital’s business opportunities to set up new companies based upon new opportunities in the new world of virtual currencies, as well as ideas and plans of Cointree Capital.”

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