Former Executive Sues RWA Company Over Alleged Contract Termination and Project Control

According to PANews, Max Glass, a former executive at cryptocurrency consultancy RWA Company, has filed a lawsuit in the Delaware Court of Chancery. Glass accuses the company of unlawfully terminating his contract to seize control of a profitable stablecoin project, which evolved into the blockchain payment infrastructure platform M0. Glass alleges that RWA Company stakeholders Gregory DiPrisco and Joseph Quintilian orchestrated a breach of trust to forcibly remove him from the company and take over the stablecoin business. He claims that before the launch of M0, he was coerced into relinquishing his rights and that the defendants fraudulently acquired company intellectual property, transferring the original collaboration with German fintech firm CrossLend to M0. Glass emphasizes that M0 was developed based on the collaborative efforts between RWA Company and CrossLend, yet he was excluded from ownership and profit distribution. He seeks damages and recognition of his legitimate interests in the original stablecoin project. His attorney asserts that the defendants have concealed the true relationship between RWA, CrossLend, and M0 for years.