Swan Bitcoin, Proton Management
Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’
Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary.
Proton Management Challenges Swan Bitcoin’s Mining Business Claims
Proton Management disputes Swan Bitcoin's ownership claims of a mining business, asserting it's actually part of 2040 Energy, a separate entity funded by Tether in which Swan only holds a minority stake.
Swan Bitcoin’s mining software code stolen; former employees sued
According to the lawsuit, filed in the U.S. District Court for the Central District of California, the ex-employees allegedly stole Swan Bitcoin’s mining software code and formed a new entity, Proton Management.
Swan Bitcoin Claims Ex-Employees 'Stole' Its Mining Business at Tether’s Direction
Swan is looking for financial compensation and legal protections against its former employees, according to a lawsuit.
Swan Bitcoin sues former staffer hired with Tether investment
Swan Bitcoin is suing a group of former contractors over an alleged scheme to seize part of its business, in a suit that heavily implicates one of the most profitable and controversial companies in the industry: stablecoin issuer Tether.
Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
Swan Bitcoin has sued ex-employees for allegedly stealing proprietary business information and using it to build a competitor Bitcoin mining firm.
Binance Founder CZ Is Now a Free Man; Swan Bitcoin Sues Its Ex-Employees
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as Binance founder Changpeng “CZ” Zhao has been released from prison. Plus, Swan Bitcoin files a lawsuit against a few of its former employees,
Swan Bitcoin Sues Former Execs for Alleged Collusion with Tether to Steal Bitcoin Mining Operation
Swan Bitcoin sued former employees for allegedly attempting to undermine and take over its Bitcoin mining operations.
Tether accused of stealing mining business of Swan Bitcoin
Swan Bitcoin filed a lawsuit against several former employees, alleging they orchestrated a plan to steal its bitcoin mining business with assistance from Tether
Swan Bitcoin Files Lawsuit Against Former Employees Over Alleged Trade Secrets Theft
Swan Bitcoin, a financial services firm focused on Bitcoin, has initiated legal action against several former employees from its mining division.
‘Rain and hellfire’: Crypto firm’s ex-employees steal data to start ‘counterfeit’ rival
In an alarming, “brazen theft,” a new lawsuit filed last week in California alleges that several contractors and employees at ...
Swan Bitcoin Enlists Gibson Dunn in Alleged Billion-Dollar Mining Heist Case
"As laid out in Swan's complaint, the theft of Swan's trade secrets and confidential information is staggering and alarming," ...