FC: DigiGold sues software developer to keep currency servers online

From: Declan McCullagh (declanat_private)
Date: Fri Jul 06 2001 - 07:33:46 PDT

  • Next message: Declan McCullagh: "FC: ICANN replies to Politech post about House bill and .kids"

    http://www.wired.com/news/ebiz/0,1272,44967,00.html
    
       Nothing That Glitters Is DigiGold
       By Declan McCullagh (declanat_private)
       2:00 a.m. July 6, 2001 PDT
       
       Hurt feelings, financial disputes and bizarre sexual allegations have
       led to a legal tiff between a high-profile digital currency firm and
       its software developer.
       
       After the once-friendly relationship between DigiGold and Systemics
       soured this spring, DigiGold sued the software company in an attempt
       to keep its servers online. Systemics' computers, which maintain
       DigiGold's customer accounts, are located on the West Indies island of
       Anguilla.
       
       Systemics' Ian Grigg claims he wants to pull the plug on the server
       since DigiGold has paid only $370,000 of the $500,000 it owed him
       under a 1999 contract.
       
       But DigiGold says it was willing to pay the remaining cash, according
       to court documents that describe how a close personal relationship
       between Grigg and DigiGold investor Douglas Jackson led to the
       creation of Systemics, the invention of a remarkable digital currency,
       a spate of personnel disputes and an eventual estrangement.
       
       Making an odd situation even more unusual are allegations involving
       one of Jackson's business development employees, Wajiha Khan, who's
       described in internal e-mail messages as "a person who would use her
       physical attractiveness as a tool for manipulation of men." According
       to e-mail written by Grigg, another employee "was well and thoroughly
       seduced by Wajiha and her attractive younger sister."
       
       In response to DigiGold's lawsuit, a judge in Anguilla prohibited
       Grigg "from terminating support for the DigiGold project or from
       taking the server offline," according to documents provided by
       Systemics. On June 19, Judge Hariprashad Charles lifted her injunction,
       and the dispute currently is in arbitration.
    
       [...]
    
    
    
    -------------------------------------------------------------------------
    POLITECH -- Declan McCullagh's politics and technology mailing list
    You may redistribute this message freely if you include this notice.
    To subscribe, visit http://www.politechbot.com/info/subscribe.html
    This message is archived at http://www.politechbot.com/
    -------------------------------------------------------------------------
    



    This archive was generated by hypermail 2b30 : Fri Jul 06 2001 - 08:05:06 PDT