Startup CEO Accuses Ex-Employees of Extortion Amid Malpractice Allegations
15 hours agoBusiness
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1 SourcesDubai, United Arab Emirates
TBNthebalanced.news
Startup CEO Accuses Ex-Employees of Extortion Amid Malpractice Allegations

Giga CEO Varun Vummadi alleges former employees are attempting to extort $3 million in cryptocurrency, threatening to release damaging data. This follows a viral thread by a former employee, Jared, detailing alleged malpractices including falsified revenue, misleading compensation, and inappropriate workplace conduct. Giga, a voice-based AI agent startup that raised $61 million in Series A funding, has not yet responded to requests for comment on the specific allegations.

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