Remilia Co-Founders Sue Charlotte Fang and Delaware LLCs
Remilia Corporation’s Creative Director and Artist, Sprite Bonkler, has revealed that the co-founders of Remilia have filed a lawsuit against Charlotte Fang, one of Milady’s founders, and the Delaware Limited Liability Companies (LLCs). The lawsuit accuses Charlotte of planning to take over Remilia’s operations, resources, and valuable digital assets.
Allegations Against Charlotte Fang
The co-founders of Remilia Corporation, who are behind the Milady Maker NFT, allege that Charlotte Fang, also known as Krishna Okhandiar, conspired to gain control of Remilia’s operations, assets, and collection of valuable digital assets. They claim that before they could file their formal complaint, Fang had already misappropriated over $600,000 worth of digital assets from the venture’s treasury and started exerting unilateral control through several Delaware LLCs that they had established.
Charlotte’s Actions
Charlotte and their LLCs had asked the co-founders not to make their claims public while they prepared a response. However, no response was provided. Instead, Charlotte allegedly took further actions to seize control of Remilia’s business. They removed the co-founders from the online multi-signature wallet, locked them out of their email accounts, and drained an additional $1.7 million worth of digital assets from the venture’s treasury. They also filed a baseless lawsuit in Nevada without jurisdiction or any supporting documents.
The Lawsuit’s Objective
The purpose of this lawsuit is to restore Remilia’s operations and stabilize the market uncertainty caused by Charlotte’s actions, which have affected the products developed by Remilia. The co-founders demand that Charlotte returns all funds and digital assets taken for themselves and their LLCs back to Remilia, and retract their false statements.
Court Documents and Additional Allegations
According to court documents filed on September 22, Remilia Collective was an unincorporated partnership or joint venture, not Charlotte Fang’s wholly-owned company. The documents also accuse Charlotte of misappropriating assets and subjecting other members to racial slurs. The co-founders have filed a lawsuit against Charlotte and their Delaware LLCs for breach of fiduciary duty, breach of contract, fraud, libel, theft, and more.
Hot Take: Co-Founders of Remilia Fight Back Against Alleged Takeover
The co-founders of Remilia Corporation have taken legal action against Charlotte Fang and their Delaware LLCs, accusing them of attempting to seize control of the company’s operations, assets, and digital assets. They claim that Charlotte misappropriated funds and engaged in actions to gain unilateral control. The lawsuit aims to restore Remilia’s operations and stability while demanding the return of funds and assets taken by Charlotte. Additionally, court documents allege that Charlotte subjected other members to racial slurs. This legal battle highlights the importance of protecting intellectual property rights in the crypto industry.
Source: CryptoPotato