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Non-Prosecution Decision for NFT Business Allegations

Non-Prosecution Decision for NFT Business Allegations

Client Information
Individual / Defendant
 
Case Details

The client, a former employee of an NFT (Non-Fungible Token) issuing company, founded their own corporation after resigning and began issuing and selling new NFTs. However, the former employer accused the client of using trade secrets obtained during their tenure to establish the new business and filed a complaint for violating the Unfair Competition Prevention and Trade Secret Protection Act (hereinafter referred to as the Unfair Competition Prevention Act).

Decent Law Firm represented the client from the beginning, arguing that the alleged "trade secrets" claimed by the complainant were not legally protected. During the initial investigation, the client's defense succeeded, resulting in a non-referral decision by the investigative agency. Nevertheless, the complainant contested this outcome by filing an appeal, which led to the case being reassigned to the prosecution for further review.