Lawsuit Alleges MetaMask Co-Founder Stole Browser Crypto Wallet Idea
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Joel Dietz claims he came up with the idea for the MetaMask crypto wallet and is suing its creators for cutting him out. He says backroom deals have become "endemic" in crypto.
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The lawsuit alleges Aaron Davis stole Dietz's idea for a browser-based wallet after their partnership fell through. Davis denies this.
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Legal battles are plaguing crypto, with charges against major exchanges over misleading investors or putting them at risk.
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Dietz says he didn't realize his stake was denied until years later due to the confusing structure of ConsenSys, which runs MetaMask.
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Separately, ex-ConsenSys staff allege CEO Joe Lubin stripped assets from the company, including MetaMask, to benefit himself.