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Jump sued former Firedancer engineer Liam Heeger for violating the non-compete protocol before filing a lawsuit.
Odaily Planet Daily News Jump Trading has filed a lawsuit against its former software engineer, Liam Heeger, accusing him of violating the non-compete protocol and currently operating a "competitive company." According to the lawsuit filed by Jump Operations on Tuesday, Jump claims that after Heeger resigned from Jump, where he led the important Firedancer blockchain project, he started a new blockchain development company that "directly competes with Jump." The company is currently valued at $50 million, which directly violates his non-compete protocol. Jump's lawsuit against Heeger comes after the launch of Unto Labs, co-founded by Heeger, which aims to build a new Layer 1 blockchain. In response, a spokesperson for Unto Labs stated that Heeger and Unto Labs 'strongly deny these allegations' and 'have full confidence in the integrity of our business practices'. 'While we respect the legal process, we believe the allegations against Liam are unfounded,' the spokesperson said. 'We believe we are building something completely new and look forward to seeing the future development of this project.' Unto also stated that its operations will continue as usual. (The Block)