Blockchain Startup Sued By Playboy For Breach Of Contract
Media and lifestyle company Playboy Enterprises, the parent company of Playboy Magazine, is suing a Canadian blockchain startup on allegations of fraud and breach of contract.
In March of this year, the adult entertainment publisher signed a memorandum of understanding (MOU) with Global Blockchain Technologies (GBT) to develop a digital wallet that will enable the integration of Vice Industry Token (VIT) into Playboy magazine’s online channels.
