Consensys sued over MetaMask intellectual property: CoinDesk

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Consensys sued over MetaMask intellectual property: CoinDesk
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In a lawsuit, entrepreneur Joel Dietz claims to have started working on a browser-based crypto wallet called Vapor.

Dietz claims he initially developed the intellectual property for an in-browser crypto wallet in a 2014 project called Vapor. For the project, Dietz recruited Consensys employee Aaron Davis for coding help in 2015, but Dietz asserts that Davis went off to found a browser-based crypto wallet called MetaMask with Dan Finlay.

Dietz also claims that Consensys downplayed his involvement in MetaMask after the wallet app launched.In a statement to CoinDesk, Consensys claimed Dietz “has no relation to MetaMask” and insisted that Aaron Davis and Dan Finlay co-founded MetaMask in 2016. Consensys is considered a crypto ecosystem staple for its oversight of MetaMask, one of the most popular cryptocurrency wallets. The firm netted $450 million in Series D funding in early 2022, earning Consensys a© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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