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Ex-boss of former tech unicorn Ve Interactive acted with ‘low standards of commercial morality’

Summary:
There is “strong evidence” that the former chief executive of Ve Interactive acted with “unacceptably low standards of commercial morality” when he ran the once highly valued adtech startup, according to a High Court judge in London.The comments were made in a judgment on Friday against David Brown (pictured), and his business partner Martin King, which placed a worldwide freeze on their assets and ruled that they each owed £3.5m to Bank and Clients, a creditor of the former £1.5bn tech unicorn.Until its downfall this year, Ve Interactive was one of just a handful of British startups valued at over bn. It was co-founded in 2009 by Mr Brown, who brought on Mr King as his director of investor relations in 2010. The pair were forced out of the business in March this year by a group of

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Kadhim Shubber
He is a freelance journalist who first bought bitcoins so that he could buy a beer at The Pembury Tavern, Hackney’s bitcoin pub. He has reported for Slate, Wired, The Daily Telegraph, The Sunday Times and Ampp3d. He is currently studying for a Masters in Journalism at City University London.

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