The former head of corporate development at TokenSoft, a company that provides compliance for blockchain-based securities, filed an age discrimination lawsuit against the startup, according to The Block.
The 55-year-old woman, who was hired at a base salary plus commission but without benefits or equity, said she was pushed out by younger male employees. In May 2018, after she says she was denied her request to attend a blockchain conference with the CEO, she learned of other younger, male employees visiting the event with the CEO.
In the lawsuit, the woman alleges the CEO was advised to hire younger men, according to the report. In turn, the CEO allegedly hired a younger man to serve as the director of east coast operations and business development and another younger employee to be the head of corporate development.
The woman also claims she was left out of weekly sales meetings, despite her role on the sales team, The Block reports.