Corporate Espionage Thriller Unfolds in HR Tech Industry
Lawsuit Reveals Secret Crypto Payments and Alleged Mole
Rippling, an HR tech startup, has filed a lawsuit against its rival Deel, alleging that Deel paid an employee to spy from the inside. The lawsuit reads like a plot from a corporate espionage thriller, with secret crypto payments, an alleged mole, and a fake Slack channel trap.
Deel Denies Claims, Calling it a "Dramatic Distraction"
Deel has denied the claims, calling it a "dramatic distraction" from Rippling’s own legal troubles. The situation has escalated from a business rivalry to accusations of racketeering.
Equity Podcast Breaks Down the Saga
On the latest episode of TechCrunch’s Equity podcast, hosts Max Zeff and Anthony Ha break down the week’s headlines, including the escalation of the saga between Rippling and Deel.
Listen to the Full Episode
The full episode is available now, where Max and Anthony discuss the details of the case, including how the situation unfolded and why, according to Max, "smashing the phone you use for corporate espionage with an ax at your mother-in-law’s house is ‘the oldest trick in the book’."
Conclusion
The saga between Rippling and Deel is a cautionary tale about the cutthroat world of corporate espionage, where companies will stop at nothing to gain an advantage. As the situation continues to unfold, one thing is clear: the HR tech industry will never be the same again.
FAQs
Q: What is the lawsuit about?
A: Rippling has filed a lawsuit against Deel, alleging that Deel paid an employee to spy from the inside.
Q: What are the allegations?
A: The allegations include secret crypto payments, an alleged mole, and a fake Slack channel trap.
Q: How has Deel responded to the allegations?
A: Deel has denied the claims, calling it a "dramatic distraction" from Rippling’s own legal troubles.
Q: What is the Equity podcast?
A: The Equity podcast is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.
