Description
Diamond Fortress, a biometric software firm, sues EverID for failing to pay for a crypto-consulting job. A Delaware judge awards $25 million in a novel breach of contract case involving cryptocurrency payments.
Legal Significance
This case is the first known lawsuit brought to court over unpaid cryptocurrency payments, establishing a legal precedent for enforcing crypto-based contracts in U.S. courts.
Issues
Status
Settled
Case No.
N12C-05-048
Date Filed
April 14, 2022
Plaintiff
Diamond Fortress Technologies Inc.Charles Hatcher II
Defendant
EverID Inc.
Court
Superior Court of Delaware
Plaintiff Counsel
-
Defendant Counsel
-
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