Playboy Sues Blockchain Company for Fraud, Breach of Contract

[kreslik.news]

Playboy Enterprises, the Beverley Hills-based company behind the famous magazine, is suing a blockchain company for breach of contract, according to the L.A. Times.

Compensatory and punitive

Global Blockchain Technologies is the defendant in this case. According to its website, it is a blockchain investment company based in Vancouver.

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The partnership was announced on the 31st of March. Under the terms of the deal, Global Blockchain Technologies was to work with Playboy Enterprises on the development of a digital wallet that would hold a cryptocurrency called the Vice Industry Token and integrate it into ... (read more)