A legal battle unfolds between crypto firms Toku and Liquifi, following claims of theft of sensitive business documents by Liquifi's general counsel, Benjamin Snipes, after his departure from Toku. Toku alleges Snipes downloaded confidential files before leaving, facilitating Liquifi's operations through this stolen information and spreading misinformation about Toku. In response, Liquifi has dismissed Toku's claims as exaggerated and asserts its commitment to fair competition. A judge recently ruled against Toku's motion for a preliminary injunction, a decision Liquifi views as validation of its practices. Additionally, Toku has sought to involve Deel in this litigation, discussing alleged efforts by Deel to undermine Toku. Deel responded by stating they cannot comment on another company's legal matters but acknowledged the court's decision against Toku. The case remains in discovery, with both companies poised for further developments as they continue to exchange information in preparation for a potential trial.

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