Crypto wallet firm Exodus sues W3C and its CEO Garth Howat, seeking to compel $175M acquisition

Crypto wallet firm Exodus sues W3C and its CEO Garth Howat, seeking to compel $175M acquisition

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCrypto wallet firm Exodus sues W3C and its CEO Garth Howat, seeking to compel $175M acquisition A lawsuit in the Delaware Court of Chancery seeks to compel Howat to comply with obligations under the November 24, 2025 Stock Purchase Agreement. By Ian Allison|Edited by Stephen Alpher Apr 13, 2026, 7:04 p.m. Make preferred on The Baanx team (Baanx) (2024)What to know: Howat and W3C accepted $80 million worth of loans from Exodus upon signing the deal, with $10 million given to Howat personally, who then declared that they did not need to repay these loans, said the lawsuit.Howat and company attempted to pilfer millions of dollars from one of their own subsidiaries, the lawsuit claims.Listed cryptocurrency firm Exodus Movement (EXOD) is suing

Source: https://www.coindesk.com/policy/2026/04/13/crypto-wallet-firm-exodus-sues-w3c-and-its-ceo-garth-howat-to-complete-usd175m-acquisition