War of words as Moon Co-Founder jumps ship

Moon Co-Founder Alexander Ang has left the company due to disagreements over user privacy and allegedly contentious terms and conditions.

The venture has come up with a Chrome browser extension that offers an alternative payment method when shopping online. Hang has fired off several Reddit posts since his departure. He claims that Moon Co-Founder and CEO Kenneth Kruger has been ordering the collection of data belonging to users, which if true is a breach of GDPR and privacy laws.

Kruger told Coin Rivet: “I’ll be releasing a statement in the coming days providing additional information. The individual has made a lot of serious and false allegations against the company and me personally. They will be addressed accordingly.”

Ang countered: “Moon was created to accelerate the vision of a decentralised financial economy by creating a bridge between fiat and crypto. I proposed Moon to Kenneth, as I was really bored of what I was doing consulting for other startups that I had no stake in. I’ve always believed that cryptocurrency is the future, but just not in the state it is in now. In retrospect, I should not have been so afraid of the spotlight and relied on my Co-Founder to deliver my vision.”

He claimed he butted heads with Kruger on many issues, “which is why we eventually blew up…His startup experience and teachings had influenced many of his unethical decisions, which I felt were not appropriate for this venture.”