Breaking News 🚨 Lawsuit Filed Against Hedera, THA, THG, Hashgraph VC, and Executives Following my earlier analysis highlighting that @HashgraphVC does not invest in Hedera-related projects, shocking news has emerged. Hedera Hashgraph LLC has filed a lawsuit on October 4 in New York against The Hashgraph Association (THA), The Hashgraph Group (THG), key executives, and Hashgraph Ventures (Case No. 655628/2026). According to Hedera’s claims, these entities improperly allocated over $50 million in grants (plus $2 million from THG funds) to a fund controlled by THA executives, without disclosing conflicts of interest or obtaining required approvals. Hedera terminated the grant agreements on July 31 and is now seeking the return of unused funds through claims for unjust enrichment and other remedies. This case mirrors a previous lawsuit Hedera filed against Exponential Science over unused grant funds. While THA and THG claim they remain committed to supporting the ecosystem, this assertion contradicts the facts I verified regarding Hashgraph VC, as shown in the video below. This raises a critical question: Who is the Hedera Governing Council actually funding, and how much value is being drained from builders actively contributing to the ecosystem? I believe $HBAR holders will not suffer losses, and I look forward to further official disclosures on this matter.
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