- Ex-head of Investment field lawsuit on ConsenSys Ventures.
- Accuses ConsenSys of bullying and threatening.
- Terms racism and women based discriminations are on rise.
Kavita Gupta has indeed become a prominent name in the blockchain industry as well as in Venture Capital too. Currently being the head and founder of Delta Blockchain Fund, she also indulges in as a FinTech teacher at Stanford University. In addition, she leads the FinTech world with a massive experience of more than 15 years. Till 2019, she was working for ConsenSys Ventures and was the head of Investment for the firm.
However, on December 31, 2021, Kavita Gupta filed a lawsuit against ConsenSys. Furthermore, she demands a monetary damage compensation of $30 million.
Kavita Gupta’s Complaints
Further to the previous complaint on December 31, 2021, Kavita Gupta filed yet another complaint against ConsenSys on January 17, 2022. Accordingly, Kavita Gupta states that the work environment in ConsenSys is completely toxic. Further, she describes that many other employees have also filed similar complaints against the firm.
In addition, she puts out through a tweet officially that ConsenSys is actually trying to threaten her and bully her. Making things even worse she states in her complaint that ConsenSys deploys racism and most bitterly, ill-treatment of women and discrimination.
Furthermore, she stands firm that ConsenSys is trying to sue her with illogical complaints about the sole reason of not giving her compensation for her efforts. Likewise, she claims that her investments have catapulted ConsenSys to more than $300 million in just a time period of 4 years.
My most difficult social media post- My side of the story, and our legal notice (filed on December 31, 2021) with detailed complaint link public here https://t.co/vfxbPsiJ70 pic.twitter.com/l6LvairxLP
— Kavz.eth (@KavitaGupta19) January 18, 2022
ConsenSys Grudges
On the other hand, ConsenSys terms that Kavita Gupta has not been on good terms with her colleagues during her tenure in ConsenSys. Much more, they claim that she mistreated her colleagues. In addition to this, ConsenSys accuses that because of her purposeful negligence, the firm lost many business proposals and opportunities.
Moreover, ConsenSys further states that Kavita Gupta has produced fake educational certificates and a fake Harvard University degree. Further with all this into consideration, ConsenSys pledges to the court that due to these reasons, they could not grant any compensation for Kavita Gupta
