NEWPORT BEACH, Calif., April 20, 2020: Informa Tech Holdings LLC, f/k/a UBM LLC , the owner of Black Hat USA, and Crown Sterling Limited LLC have entered into a confidential settlement of the civil action brought by Crown Sterling relating to its participation at Black Hat USA 2019 on terms that are acceptable to both parties.
In connection with the settlement and with respect to Crown Sterling’s sponsored session at Black Hat USA 2019, Informa would like to clarify that to its knowledge Crown Sterling’s presentation was in compliance with Black Hat’s Code of Conduct and its Sponsorship and Exhibitor Agreement.Crown Sterling recognizes the unique and important contribution of Black Hat USA and looks forward to future conferences.
As part of the confidential settlement, both parties have agreed to refrain from providing further comment on this matter.
About Crown Sterling Limited LLC
Crown Sterling’s mission is to empower individuals to claim, protect, and control their data in an era of largely unregulated Big Tech vulnerability and monopolization. Crown Sovereign (CSOV) utility token enables users to access the novel product suite, including quantum-resistant cryptography and NFTs, end-to-end encrypted messaging, and other future data compression technologies. The Crown Sterling Chain is an independent high-speed Layer 1 solution built using Polkadot’s Substrate framework. With CSOV token and ecosystem, users can also encrypt personal data, including geolocation and browsing history, and convert that data into NFTs with the option to monetize it on exchanges. With data emerging as the world’s most valuable asset, Crown Sterling looks forward to ushering in a new paradigm of Personal Data Sovereignty.