Kanye West has been sued by video e-commerce company MyChannel, which alleges that the rapper-mogul-presidential candidate promised to invest $10 million in the company, but didn’t and instead, copied its video technology allegedly for his company’s use.
In the suit, obtained by SPIN, MyChannel alleges that in their initial agreement, it would provide “tens of thousands of hours in investment in Yeezy,” which is West’s apparel company. However, the company claims it was never paid for the over $7 million worth of work it provided West’s company over six months.
It also alleges that in June 2018, West promised to make a $10 million investment in the company, which never happened. The suit says that he “reneged on his promises seemingly on a whim and walked away from the successful partnership while misappropriating MYC’s trade secrets.”