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#HotColumn Wintermute to Sue Near Foundation Over Failure to Honor $11M Stablecoin Redemption Deal With FTX
Evgeny Gaevoy, the founder and CEO of the crypto market-making firm Wintermute, has revealed plans to sue the Near Foundation, the non-profit organization behind the Near protocol, over its failure to honor a stablecoin deal entered in August.
According to a tweet, Gaevoy intends to pursue all legal avenues against the Near Foundation and Aurora Labs – the development company behind Aurora, an Ethereum Virtual Machine blockchain that runs on the Near protocol.
The Back Story
Following th
Evgeny Gaevoy, the founder and CEO of the crypto market-making firm Wintermute, has revealed plans to sue the Near Foundation, the non-profit organization behind the Near protocol, over its failure to honor a stablecoin deal entered in August.
According to a tweet, Gaevoy intends to pursue all legal avenues against the Near Foundation and Aurora Labs – the development company behind Aurora, an Ethereum Virtual Machine blockchain that runs on the Near protocol.
The Back Story
Following th



