Sprite Bonkler, the creative director and artist for Remilia Corporation, disclosed that the company’s co-founders had brought legal action against Charlotte Fang, one of Milady’s founders, and the Delaware Limited Liability Companies (LLCs). Fang is charged with organising a scheme to seize control of Remilia’s operations, assets, and significant digital holdings.
Remilia’s co-founders, the DAO that created the Milady Maker NFT, claim that Fang, also known as Krishna Okhandiar, plotted to take over the company’s operations, resources, and accumulation of priceless digital assets. They say that by the time they established several Delaware LLCs, Fang had already plundered digital assets worth more than $600,000 from the venture’s treasury and started to exert unilateral control over operations and assets.
The co-founders had previously been asked by Charlotte and their LLCs not to make their accusations public while they were preparing a response. But there was never an answer. Instead, Charlotte allegedly took additional steps to take over Remilia’s firm, including kicking the co-founders out of their email accounts, deleting additional digital assets worth $1.7 million from the company’s bank account, and removing them from the online multi-signature wallet. Additionally, they allegedly failed to include any supporting documentation with their complaint and filed a bogus case in Nevada that lacked jurisdiction. The company’s co-founders contend that Charlotte launched an unfounded smear campaign against them and wrongly accused them of stealing money from Remilia.
Remilia claims that Charlotte has had an impact on their created products, and they are suing to restore their business operations and stabilise the market instability. The co-founders of Remilia are requesting that Charlotte retract her misleading assertions and restore to Remilia all money and digital assets that she had taken for herself and her LLCs. Remilia Collective, according to court records submitted on September 22, was never a fully owned subsidiary of Charlotte Fang but rather an unincorporated partnership or joint venture. The records also claim that Sprite, the primary developer of Remilia, predates the Remilia group before they began working with Charlotte in September 2021, and that Charlotte misused assets. Fang is also accused of using a number of racial slurs towards the other group members.
Therefore, in order to reclaim their proper ownership of Remilia, the co-founders of Remilia have initiated their own legal action against Charlotte and their Delaware LLCs. In addition, they are suing Charlotte for fraud, libel, theft, breach of contract, breach of fiduciary duty, and other offences. Meanwhile, a significant exploit involving platform payments and social network accounts just happened to Milady Maker. Charlotte disclosed that Remilia Corporation, the DAO that created Milady Maker NFT, had around $1 million in fees misappropriated by a developer operating within their ecosystem. The hack resulted in the attacker acquiring control of three social media accounts, however it had no effect on Remilia’s reserves or user assets.