Several investors in the Hashling project NFT accused its founder of embezzling millions of dollars.
In the filing, the plaintiffs allege that their former business partner Jonathan Mills lied about transferring assets to Hashling. NFT and at least $3 million from the bitcoin mining project to the holding company Satoshi Labs LLC (formerly known as Proof of Work Labs LLC), of which Mills is the founder and CEO.
Investors also said they raised a total of $1,46 million from the sale of the two NFT in blockchains Solana and Bitcoin, but did not receive any profit from their investments.
Project Hashling NFT was born out of another idea that Mills had initially discussed with one of the plaintiffs, Dustin Stearman. They pursued the idea, despite Mills initially telling his future partner that he had neither the money nor the experience to work with NFTto contribute to the project.
To ensure the project’s success, they brought in other investors, who are now also plaintiffs. Mills even convinced his girlfriend to invest in Hashling NFT.
