Remilia Corporation, a digital art and non-fungible token (NFT) company, has filed a lawsuit against three independent contractors accused of siphoning $1 million from the company. Founder Krishna Okhandiar denied that the three had at any point “sought shares in Remilia during the negotiations of their contracts.”
Trio ‘Fonding not at a sufficient level’
Remilia Corporation, a digital art and non-fungible token (NFT) company, has filed a lawsuit against three individuals accused of illegally taking control of the company’s revenues. In the lawsuit filed in the U.S. District Court of Nevada, Remilia and founder Krishna Okhandiar allege that John Duff, Henry Smith and Maxwell Roux acted illegally when they allegedly took control of $1 million of the company.
Good morning. A developer working on Bonkler took steps that allowed him to divert ~$1MM USD in Remilia’s generated fees.
The Bonkler reserves, the main contract and the NFTs are safe; only Remilia’s income from Bonkler was in jeopardy.
We have temporarily suspended Bonkler’s daily coin… pic.twitter.com/1QOQDiXka3
— ♡ Charlotte Fang 🐉 Crown Prince (@CharlotteFang77) September 11, 2023
Furthermore, the company and its founder denied that the three, who worked as independent contractors, “sought equity in Remilia during the negotiations of their contracts.” Instead, Remilia claims the three were assigned leadership roles that “each failed to perform at an adequate level.” The trio’s poor performance culminated in their demotion, the lawsuit said.
‘Serious miscalculations’
Commenting on the legal action the company has taken to recover lost funds, Okhandiar, who goes by the name Charlotte Fang on The founder also explained how the trio orchestrated the plot and why it ultimately failed.
“The developer also seized codebases and coordinated with two others on the team in an attempt to take control of our social media, followed by demands for a significant portion of our coffers, including NFT reserves. However, some serious miscalculations have been made: we have easily identified the people involved and will prosecute them to the fullest extent of the law. We expect all our property to be returned,” Charlotte Fang wrote on X.
The founder added that Remilia’s reserves were not affected and users’ assets remain safe. However, Okhandiar acknowledged that Remilia has lost control of three social media accounts and said users should now avoid them.
Meanwhile, Remilia and Okhandiar said in the lawsuit filed on September 11 that they are seeking a favorable ruling from the court on 11 charges against Duff, Smith and Roux.
What are your thoughts on this story? Let us know what you think in the comments below.
