nChain Whistleblower Claims Rejected: Brookes and Moody Dismissed

A London Central Employment Tribunal rejected “unfair dismissal” claims by two former nChain UK executives, David Brookes and Andrew Moody, ruling they were not genuine whistleblowers. The tribunal said both men adopted the whistleblower narrative pushed by Christen Ager‑Hanssen (CAH) and treated their evidence as “absurd” and “entirely without substance,” describing it as effectively reverse engineered to match CAH’s conspiracy theories. It also found they lacked a genuine belief in any “protected disclosure.” Brookes (former general counsel) and Moody (chief financial officer) were dismissed in November 2023 for gross misconduct after a “rigorous and independent” external investigation connected to CAH’s September 2023 failed boardroom coup. The tribunal noted a minor procedural error in Moody’s dismissal, but denied compensation, saying it was “inconceivable” he would have avoided dismissal given the evidence. The latest reporting adds more governance context: CAH previously circulated a document with false fraud allegations that nChain’s board rejected, and the article alleges an after-hours raid involving attempts to disable security cameras, shred documents, and access a server room to copy or steal sensitive data. For crypto traders, this is not a direct token-price catalyst. Still, the ruling can affect sentiment in the BSV-adjacent ecosystem by elevating perceived reputational and corporate-governance risk around leadership disputes—potentially widening near-term risk appetite and headline sensitivity.