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ICP crypto faces fresh pressure – Why DFINITY accuses NEAR of IP theft

Picture: AMBCrypto

Dominic Williams, founder of DFINITY, claims that Near Protocol stole its intellectual property (IP) behind its cross-chain stack, NEAR Intents. DFINITY is the developer of the Internet Computer (ICP) blockchain. Williams labelled Near’s cross-chain execution as a ‘fake decentralization’ The NEAR Intents saga just got much more crazy on further investigation. Much is missing from Intents, but key enabling component turns out to be stolen proprietary DFINITY tech. I’m stunned. William added that Near Protocol used a former DFINITY employee they fired in 2021.

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