Federal judge Maxine M. Chesney dismissed Payward Inc., the owner of the bitcoin exchange Kraken, against its former employee Nathan Peter Runyon. According to Cointelegraph.
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Runyon disclosed the platform’s physical address, but the court did not see in this any sign of misappropriation of trade secrets.
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According to the September 22 ruling, the plaintiff did not accuse the defendant of using the address to obtain financial gain. The company also did not add to the complaint facts confirming that Runyon’s access to one of Kraken’s secured computers caused damage to Payward in any amount.
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Runyon disclosed the exchange’s address in November 2019 in a lawsuit in which he accused the exchange’s management of illegal and unethical business practices, as well as breach of his employment contract.
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According to him, he was fired for criticizing unilateral changes to the employee incentive schemes. He also said he faced harassment and discrimination because of his disabilities.
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In March 2019 Payward Inc. filed a counterclaim against Runyon. In it, it claimed that keeping the physical address secret helps prevent a risk of physical threats, including the kidnapping of employees.
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According to Kraken’s owner, Runyon’s actions violated the terms of employment under which he held the position of financial analyst from March 2018 to August 2019.
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The judge noted that Payward Inc. may refile the complaint by October 9, taking into account the observations.
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Earlier in September, the New York state Supreme Court ordered the cryptocurrency exchange Bitfinex and the company Tether to hand over to prosecutors documents relating to mutual financial operations.
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