14 Aug Playboy Enterprises sues cryptocurrency company, alleging fraud and breach of contract
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The lawsuit, recently filed in Los Angeles Superior Court, claims that Playboy reached an agreement in March with the Canadian company Global Blockchain Technologies, under which GBT would implement the third-party cryptocurrency Vice Industry Token on Playboy’s sites. Playboy said GBT hasn’t made good on the deal and also failed to pay the $4 million it promised as part of the agreement.
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