Swan, a prominent Bitcoin firm, has recently filed a lawsuit alleging significant breaches within its Bitcoin mining business by ex-employees.
The lawsuit claims these former employees conspired to form a rival company, significantly impacting Swan’s operational capabilities.
The allegations extend to Tether’s involvement, as Swan suggests the stablecoin issuer played a role in this alleged scheme.
Swan alleges theft and conspiracy in the Bitcoin mining sector, implicating former employees and Tether in a substantial legal battle.