Crypto Firm Jump Trading Sues Former Employee for Violating Non-Compete and Stealing Intellectual Property

Jump Trading has filed a lawsuit against former software engineer Liam Heeger, alleging that he violated non-competition obligations and stole intellectual property to start a competing business. Jump claims that Heeger worked on a major blockchain project at the firm and had access to sensitive confidential information. Heeger left to start Unto Labs, which Jump alleges was founded while he was still an employee and using their intellectual property. Jump is seeking to enforce the non-competition agreement and prevent anyone from working with Heeger on the new venture that might violate the terms.