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Indian-origin CEO says ex-employees are trying to extort $3 million from his startup Giga
Giga, a San Francisco-based tech startup, is facing extortion allegations from a group claiming to possess confidential company data, demanding $3 million in cryptocurrency. CEO Varun Vummadi stated the company is pursuing legal action and has informed law enforcement. Founded in 2023, Giga specializes in voice-based AI and recently raised $61 million in funding.
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