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Nov. 7, 2023

Terminating sanctions issued against Findora co-founder

“Less severe sanctions, including monetary sanctions, have not compelled Ms. Chen’s compliance, and her behavior throughout the course of this process … establishes the willfulness of her defiance,” Santa Clara county Judge Sunil R. Kulkarni wrote.

A Santa Clara County judge issued terminating sanctions on Monday against a co-founder of Findora for defying court orders in a cross-complaint filed by an investor who claims she tried to steal the cryptocurrency platform from its rightful owners.

At the heart of the dispute is the claim by Yuting Chen that the founders of the cryptocurrency company Espresso Systems stole trade secrets and intellectual property from her company, Temujin L...

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