Playboy Suing Cryptocurrency Company Over Breach of Contract
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Playboy Suing Cryptocurrency Company Over Breach of Contract

THELOGICALINDIAN - Playboy Enterprises has filed a accusation adjoin a cryptocurrency aggregation over abortion to actualize a agenda bill wallet for payments

Playboy Enterprises, the ancestor aggregation abaft the covering developed magazine, has filed a accusation adjoin Global Blockchain Technologies (GBT) in the Los Angeles County Superior Court according to LA Times.

Reportedly, the ancestor aggregation of the accepted developed annual seeks bearding advantage as able-bodied as castigating damages, alleging GBT of artifice and aperture of contract. Playboy claims that the tech aggregation bootless to assassinate on their acceding apropos the affiliation of blockchain technology into Playboy’s media channels.

However, the actor has purportedly absolved the accusation as annihilation added than a “normal dispute”, while additionally abacus that:

According to the world-renowned company, GBT has not alone bootless to accomplish acceptable on their accord but additionally didn’t pay some $4 actor which were additionally promised as allotment of their agreement.

Back in March, Hugh Hefner’s aggregation announced that it is developing a agenda wallet which is appointed to abutment a advanced arrangement of cryptocurrencies beyond the online media channels of Playboy.

At the time, Reena Pate, COO and Head of Operations of Playboy Enterprises, said:

In May Global Blockchain Technologies disclosed in a columnist release that they are alive with Playboy Enterprises on the development of said agenda wallet.

Playboy is not the aboriginal adumbrative of the developed industry which allows its users to booty advantage of cryptocurrencies. Developed website Pornhub added TRON (TRX) and ZenCash (ZEN) to its account of accessible acquittal options which already included Verge (XVG).

Will Playboy win its accusation adjoin GBT? Don’t alternate to let us apperceive in the comments below!

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