Prominent Conservative Bitcoin Advocate Sues Crypto Startup

A prominent conservative political commentator and general counsel in the digital asset space filed a complaint in a Washington, D.C., court against a crypto startup whose executives, he alleged in an interview, “pocketed large sums of money” and then “fell off the face of the earth.”

Derek Khanna, who holds several roles and side hustles, including head of policy and general counsel for the Bitcoin Advocacy Project and chief operating officer and general counsel for the Chamber of Digital Commerce, sued the defendants, Menlo Inc., Menlo Corp. and several of its executives and top employees.

“I just want my money back,” Khanna said. “I’ve been around a lot of startups, and I’ve seen ups and downs. But the evidence started to…

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