{"id":147540,"date":"2021-01-05T14:58:28","date_gmt":"2021-01-05T11:58:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/former-bitcoin-com-ceo-sues-oracle-over-37-5m-allegedly-unpaid-tokens\/"},"modified":"2021-01-05T14:58:28","modified_gmt":"2021-01-05T11:58:28","slug":"former-bitcoin-com-ceo-sues-oracle-over-37-5m-allegedly-unpaid-tokens","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/former-bitcoin-com-ceo-sues-oracle-over-37-5m-allegedly-unpaid-tokens\/","title":{"rendered":"# Former Bitcoin.com CEO sues oracle over  37.5M allegedly unpaid tokens"},"content":{"rendered":"<p>&#8220;<strong># Former Bitcoin.com CEO sues oracle over  37.5M allegedly unpaid tokens <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Mate Tokay, Bitcoin.com\u2019s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000.<\/p>\n<p>Tokay <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/news.bitcoin.com\/bitcoin-com-co-founder-files-legal-action-against-bridge-linktoken-project-over-market-manipulation\/\">claims<\/a> that he was never paid for his services, despite the project using his name for recognition to attract investment for Bridge.link&#8217;s $8 million initial exchange offering three months ago. He adds that Bridge\u2019s founder\u00a0Sina Estavi\u00a0offered to compensate Tokay with \u201ca far lower sum\u201d than what was agreed in their contract, adding that other advisors have allegedly received similar treatment.<\/p>\n<p>At current prices, the reportedly promised stash of 37.5 million BRG would be worth $525,000 in total.<\/p>\n<p>Tokay further alleges that the circulating supply for BRG claimed by Bridge.link is inaccurate, noting he has informed \u201cother crypto industry market leaders, price aggregations sites, and relevant exchanges\u201d of the \u201cmassive\u201d discrepancy between BRG\u2019s purported and actual and circulating supply.<\/p>\n<p>Tokay warned that the discrepancy could leave BRG investors vulnerable to a \u201cclassic pump and dump,\u201d describing Bridge.link\u2019s actions as \u201cmarket manipulation.\u201d<\/p>\n<p>While crypto market data aggregator CoinGecko currently does not list data for BRG\u2019s circulating supply or market cap, CoinMarketCap <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/bridge-oracle\/\">ranks<\/a> BRG as the 231st-largest crypto asset with a capitalization of $141 million.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/23a5238a-4e39-4f80-973c-16fb5d2332af.png\"><figcaption style=\"text-align: center;\"><em>Bridge Oracle 180-day price chart. Source: CoinGecko<\/em><\/figcaption><\/figure>\n<p>BRG has slumped from $0.019 to $0.017 over the past 24 hours, suggesting that some investors are dumping amid Tokay\u2019s lawsuit \u2014 with more than 97% of volume originating from a single exchange. <\/p>\n<p>Despite the legal action, the price of BRG is up more than 200% over the past 30 days.<\/p>\n<p>Bridge.link did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to Cointelegraph&#8217;s request for comment.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/former-bitcoin-com-ceo-sues-oracle-over-37-5m-allegedly-unpaid-tokens\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Former Bitcoin.com CEO sues oracle over 37.5M allegedly unpaid tokens &#8221; Mate Tokay, Bitcoin.com\u2019s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000. Tokay claims that he was never paid for his services, despite the project using his name&#8230;<\/p>\n","protected":false},"author":1,"featured_media":147541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/a86ae9c9-61a4-4c23-b481-90242126ca3f.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,77469,117,71433,55229],"class_list":["post-147540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-ieo","tag-business","tag-court","tag-law"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/147540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=147540"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/147540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/147541"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=147540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=147540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=147540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}