News with the tag "Proton Management"

Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture.

The ex-Swan employees at Proton Management said Swan Bitcoin’s mining lawsuit is baseless because 2040 Energy operated as a “separate entity.”

Proton Management Seeks Dismissal of Swan Bitcoin’s Mining Theft Allegations In a recent legal development, Proton Management, a crypto financial services company, has formally requested the court to dismiss Swan Bitcoin’s lawsuit, which accuses Proton and six former Swan employees of stealing propr...

A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton Management dubbed a “copycat c...

Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.”