RE: Sipiem Court Case5 Feb 2025 21:57
From June 2024
Francesco Gardin, the executive chairman of Quantum Blockchain Technologies, expressed satisfaction with the courtβs decision, stating, βWe are extremely pleased with the Venice Court of Appeal result, which confirms the previous ruling while extending the scope of its enforceability.β Gardin emphasised that CL17 will now focus on collecting the awarded damages, interest, and adjustments for inflation, ensuring maximum effort to recover the funds from the defendants.
This legal victory represents a significant development for Quantum Blockchain Technologies and its subsidiary. The companyβs next steps will involve diligent efforts to collect the awarded funds, potentially impacting its financial position in the coming months. The company has assured stakeholders that it will make the maximum effort to seek and collect the funds from the defendants.
Total β¬6,083,562 plus interest and inflation