IOTA Founder Squares off With Foundation Over Embezzlement Claims

Sergey Ivancheglo, an early founder and lead developer of IOTA, has made a very public announcement on Twitter over yet another fallout with co-leaders of the project. This time, he alleges billions of tokens were held back from him and is now threatening to sue for embezzlement.

Ivancheglo Lays Claim to 25 Million IOTA
Under the Twitter handle @Come_From_Beyond, the IOTA project lead developer has launched yet another round of conflict with the leaders of the Foundation. This time, he has faced off with David Sønstebø, accusing the co-founder of holding back 25 million IOTA, or 25 tera-IOTA.

I notify the #IOTA community that I no longer work with David Sønstebø and am contacting my lawyers to get my 25 Ti from him. He refuses to transfer the iotas to make me act for his own benefit and against mine.
— Come-from-Beyond…

Click to continue reading on its source location…