FC: DigiGold sues software developer to keep currency servers online
Declan McCullagh
declan at well.com
Fri Jul 6 07:33:46 PDT 2001
http://www.wired.com/news/ebiz/0,1272,44967,00.html
Nothing That Glitters Is DigiGold
By Declan McCullagh (declan at wired.com)
2:00 a.m. July 6, 2001 PDT
Hurt feelings, financial disputes and bizarre sexual allegations have
led to a legal tiff between a high-profile digital currency firm and
its software developer.
After the once-friendly relationship between DigiGold and Systemics
soured this spring, DigiGold sued the software company in an attempt
to keep its servers online. Systemics' computers, which maintain
DigiGold's customer accounts, are located on the West Indies island of
Anguilla.
Systemics' Ian Grigg claims he wants to pull the plug on the server
since DigiGold has paid only $370,000 of the $500,000 it owed him
under a 1999 contract.
But DigiGold says it was willing to pay the remaining cash, according
to court documents that describe how a close personal relationship
between Grigg and DigiGold investor Douglas Jackson led to the
creation of Systemics, the invention of a remarkable digital currency,
a spate of personnel disputes and an eventual estrangement.
Making an odd situation even more unusual are allegations involving
one of Jackson's business development employees, Wajiha Khan, who's
described in internal e-mail messages as "a person who would use her
physical attractiveness as a tool for manipulation of men." According
to e-mail written by Grigg, another employee "was well and thoroughly
seduced by Wajiha and her attractive younger sister."
In response to DigiGold's lawsuit, a judge in Anguilla prohibited
Grigg "from terminating support for the DigiGold project or from
taking the server offline," according to documents provided by
Systemics. On June 19, Judge Hariprashad Charles lifted her injunction,
and the dispute currently is in arbitration.
[...]
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