Playboy's parent company Playboy Enterprises is suing a Canadian based cryptocurrency company.<br />Business Insider reports the company Playboy is suing is Global Blockchain Technologies (BLOC).<br />Playboy alleges BLOC committed fraud and breach of contract.<br />In May, BLOC announced a partnership with Playboy's media platform.<br />The reported lawsuit alleges that BLOC failed to live up to its end of the bargain. <br />