SoftBank sues social app IRL for fraud seeks 150 mn in damages Weekly Voice

San Francisco, Aug 5 (VOICE) Japanese investment giant SoftBank is suing social app IRL for fraud related to fake user base and growth, asking $150 million in damages. In May 2021, SoftBank paid $150 million to purchase IRL shares based on IRL’s valuation at $1 billion. In its lawsuit, SoftBank…Read More