Payments firm Rocketfuel Blockchain sues co-founder over expired patents

Cointelegraph

Published Oct 10, 2020 03:40PM ET

Updated Oct 11, 2020 06:00PM ET

Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm.

In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page hid the fact that patents he transferred to the company had expired. The company is seeking damages of at least $5.1 million.

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