Swan Bitcoin Claims Ex-Employees 'Stole' its Mining Business at Tether's DirectionSwan Bitcoin has sued former employees for allegedly stealing trade secrets to create a competing bitcoin mining business with Tether's involvement.
Proton Management Says Swan Bitcoin 'Does Not Have Mining Business of Its Own'Proton asserts Swan Bitcoin never owned the mining business, which belongs to the separate entity 2040 Energy funded by Tether.
Swan Bitcoin Claims Ex-Employees 'Stole' its Mining Business at Tether's DirectionSwan Bitcoin has sued former employees for allegedly stealing trade secrets to create a competing bitcoin mining business with Tether's involvement.
Proton Management Says Swan Bitcoin 'Does Not Have Mining Business of Its Own'Proton asserts Swan Bitcoin never owned the mining business, which belongs to the separate entity 2040 Energy funded by Tether.
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining UnitSwan Bitcoin halted IPO plans, discontinued mining unit, and downsized staff due to mining industry challenges post-Bitcoin halving.Despite challenges, private miners aim to go public following Bitcoin's peak earlier in the year.