Liang alleges that a token purchase agreement (TPA) between him and Olympus stated that money raised in the private funding round would go to a company that did not actually exist. With the identities of Olympus’s founders a secret, the lack of an officially-registered company behind the fundraiser was, according to the lawsuit, designed to make it difficult for an investor like Liang to pursue legal action against the project.
Source: https://www.coindesk.com/business/2022/04/14/olympusdao-co-founder-doxxed-lawsuit-claims-to-unmask-apollo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines