Crypto Biz: Meta’s free speech about-face isn’t what it seems
Is Mark Zuckerberg sincere about promoting free speech on his platforms or is he trying to mend political fences with the incoming Trump administration? Go to Source
Swan Bitcoin
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Report: Tether Sues Swan Bitcoin Amid Claims of Secret Meetings and Broken Agreements
A report reveals that Tether, the world’s leading stablecoin issuer, has reportedly initiated legal action against the bitcoin-focused firm Swan Bitcoin. Proceedings are said to have been filed in the High Court of England and Wales, marking the latest development in this unfolding dispute. Report Says Tether Has Filed a Lawsuit Against Swan Bitcoin in … Read more
Swan Bitcoin Files Lawsuit Against Its Own Lawyers
Swan Bitcoin is suing its law firm for attempting to withdraw from a trade secrets case due to a conflict of interest with another client. Misappropriated Trade Secrets Cryptocurrency financial services firm Swan Bitcoin has filed a lawsuit against its own legal representative, Gibson, Dunn & Crutcher, alleging legal malpractice. In a lawsuit filed with … Read more
Swan Bitcoin sues its lawyers for picking up Tether as client
Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client. Go to Source
Proton says Swan Bitcoin lawsuit is ‘fatally flawed,’ seeks dismissal
The ex-Swan employees at Proton Management said Swan Bitcoin’s mining lawsuit is baseless because 2040 Energy operated as a “separate entity.” Go to Source
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
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 company” in the filing, stole trade secrets from their mining operations. Swan … Read more
Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.” Go to Source
Swan Bitcoin cancels conference amid staff reduction, mining shutdown
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July. Go to Source
Swan Bitcoin delays IPO plan, announces shutdown of mining unit
The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts. Go to Source
Bitcoin volatility hovering within 6% of record low levels
Before the June 7 price decline, Bitcoin’s volatility over the previous 15-day period sat within “the bottom 6% of occurrences.” Go to Source
