Founder of startup Security Token arrested for sexual assault, Toronto police say

The founder of a security token startup has been arrested for sexually assaulting a minor, Canadian authorities have said.

Trevor Koverko, former CEO of Polymath, was arrested on March 14 by Toronto police, department spokeswoman Caroline de Kloet told CoinDesk on Wednesday. He apparently deleted his Twitter.

Koverko was charged with “sexual interference with a person under the age of 16” (Sectionm 151 of the Criminal Code of Canada) and “sexual assault” (CC 271), said de Kloet.

Related: First comer – April 6, 2021

Chris Housser, the other founder of Polymath and Interim CEOsaid Koverko resigned his post at Polymath on February 8, 2021, well before the arrest.

“He has no role in the business, so any potential allegations have nothing to do with Polymath,” Housser said.

A lawyer for Koverko could not be located immediately. The Toronto Police spokesperson said Koverko was scheduled to appear in court on May 7. A first virtual hearing took place on March 14.

Koverko and Housser founded Polymath in 2017 as a company capable of supporting security tokens on its native Polymesh blockchain (although it originally ran on Ethereum). He raised $ 59 million through an initial coin offering in 2018.

Related: What Eth 2.0 meant in 2014 and what it means today

Prior to working in the blockchain industry, Koverko was a New York Rangers fifth round pick. Hockey team.

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