South African blockchain startup Custos Media Technologies has been sued for US$4.45 million in the Western Cape High Court by local VC firm HAVAÍC, which claims the startup backtracked on an investment agreement. Custos - founded by staff at Stellenbosch University and based at the LaunchLab - combats digital piracy by embedding bitcoin bounties as [...]The post SA blockchain startup Custos sued for $4.45m by VC firm HAVAÍC appeared first on Disrupt Africa.