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mohammad javad đ©đč
@javad3pa
Swan Bitcoin Lawsuit: Ex-Employees and Tether Accused of Mining Business Conspiracy Swan Bitcoin has filed a lawsuit against several former employees and consultants, accusing them of stealing its Bitcoin mining business with help from Tether, its former partner. The lawsuit claims six employees accessed Swanâs proprietary trade secrets, including key code, hash-rate optimization techniques, and financial models, to form a competing company called Proton Management. On August 8, the employees resigned en masse to join Proton in a coordinated move. Swan also alleges Tetherâs involvement, though Tether is not named as a defendant. Tether had funded Swanâs BTC mining operation in Tasmania in 2023 and was expected to lead a $25 million Series C funding round in early 2024, valuing Swan at $1 billion.
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Eli
@eli7780
8 $hunt
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