A prominent conservative political commentator and general counsel in the digital asset space filed a complaint in a Washington, D.C., court against a crypto startup whose executives, he alleged in an interview, "pocketed large sums of money" and then "fell off the face of the earth."

Derek Khanna, who holds several roles and side hustles, sued in his personal capacity the defendants, Menlo Inc., Menlo Corp. and several of its executives and top employees.