Sued By TinBu

Lottery website is being sued by lotto data business TinBu, after the company's owners claim that they were stiffed from compensation after their company was purchased in 2018.

TinBu founders John Brier and Bin Tu said that their company was approached by AutoLotto Inc. in 2017 to inquire about purchasing the business. The two allege that in the agreement, the founders were to receive millions of dollars as well as cryptocurrency, in addition to a five-year employment contract by AutoLotto to help with the merger. AutoLotto eventually became known as

The two allege through their lawyers that failed to make payments and that the cryptocurrency tokens were never delivered. The founders say that they attempted to negotiate modifications to the agreement, eventually reaching a settlement that itself wasn't honored. The lawsuit alleges that there is more than $10 million still owed to the two founders, and that has used their company to attract new investors to the company.

A statement from the plaintiffs' lawyers read in part: "Our clients built a business from the ground up, but instead of being rewarded for their hard work, they had their company essentially stolen out from under them. We hope to recover what Mr. Brier and Mr. Tu are owed and hold other companies like this accountable."

Casino Listings News is following the story and will update readers as appropriate.

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.


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