Revealing crypto exchange’s physical location was not harmful, court rules

A federal pass judgement on has dominated that an worker who published the site of a big crypto alternate didn’t violate its business secrets and techniques.

In step with courtroom information filed Sept. 22, U.S. District Pass judgement on Maxine M. Chesney has disregarded a lawsuit filed via Payward Inc. — the landlord of Kraken — towards former worker Nathan Peter Runyon for misappropriating “business secrets and techniques” via publicly disclosing the alternate’s bodily cope with in San Francisco and getting access to one of the crucial corporate’s secure computer systems.

The Pass judgement on dominated that Payward used to be no longer alleging Runyon used the cope with to realize an financial merit, nor did the criticism come with information that getting access to the pc led to “injury or loss, in any quantity, to Payward.”

Runyon printed the cope with in a November 2019 lawsuit he filed towards the alternate in reference to alleged breach of contract and sanctions violations. He accused Kraken of unethical and unlawful trade techniques, defrauding workers over their inventory choices, sanctions violations, discrimination towards him as a disabled army veteran and faking corporate officer addresses.

Payward filed the go well with towards Runyon in March, pointing out that preserving its cope with secret protects it from bodily threats together with employees being abducted. The alternate additionally claimed that via publishing its cope with, Runyon had breached the phrases of his authentic contract fr when he used to be hired as a monetary analyst from March 2018 to August 2019.

Pass judgement on Chesney said that Payward may have the appropriate to document an amended criticism towards Runyon prior to Oct. nine.

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