Bookmarking Crypto Insights
Auto Added by WPeMatico
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 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
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
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 has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.” Go to Source
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
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
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
Swan Bitcoin’s Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next. Go to Source
According to Swan Bitcoin CEO Cory Klippsten, Bitcoin ETFs are set to replace the chaotic entry points tainted by flashy crypto marketing campaigns since 2017. Go to Source
