Former RWA Executive Files Lawsuit Over Stablecoin Project Termination and Alleged Control Seizure

A former executive of RWA Company, Max Glass, has initiated legal proceedings against his former employer in the Delaware Court of Chancery. Glass alleges that RWA Company unlawfully terminated his contract to seize control of a profitable stablecoin project, which evolved into the blockchain payment infrastructure platform M0. Glass claims that RWA Company stakeholders Gregory DiPrisco and Joseph Quintilian orchestrated a breach of trust by forcing him out of the company and seizing control of the stablecoin business. He alleges he was coerced into relinquishing his rights and that the defendants fraudulently acquired the intellectual property associated with the project, transferring the original collaboration with German fintech firm CrossLend to M0. Glass insists that M0 was developed collaboratively between RWA Company and CrossLend but he has been excluded from ownership and profit sharing. He is seeking damages and recognition of his legitimate interests in the original stablecoin project. His attorney asserts that defendants have concealed the true relationship between RWA, CrossLend, and M0 for years.