In response to failing to pay $525,000 worth of Bridge Oracle tokens, Mate Tokey Co-founder of Bitcoin.com is filing legal action against the founders of Bridge Oracle
Bridge Oracle is a Tron based oracle system. The company claims that this was the first-ever. Mate Tokay was hired as an advisor for the project Bridge Oracle and was promised to 37.5Million BRG tokens as a payment.
However, Tokay was never paid for the service he offered. But the Bridge.link used his name for recognition and managed to raise over $6 Million within six hours.
Tokay alleges that the circulation supply of Bridge Oracle is inaccurate. And he said that he informed other industry market leaders, relevant exchanges, and price index sites about the circulating supply issue of the Bridge Oracle project.
“In further, Tokay described Bridge.link’s actions as Market Manipulation”
While this news going around, BRG price dumped from 0.020 to 0.017 within 24 hours. According to coinmarketcap BRG price has increased by 1900% within 30 days. Here’s the chart.