Bitcoin mining firm Proton says Swan lawsuit ‘fatally flawed’
Swan Bitcoin claims Proton stole the IP of its bitcoin mining business, but Proton claims that Swan doesn't even own a majority stake.
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Swan Bitcoin claims Proton stole the IP of its bitcoin mining business, but Proton claims that Swan doesn't even own a majority stake.
Read more (2 min) →— Bitcoin mining, Swan Bitcoin
A lawsuit filed by Swan Bitcoin against former executives alleges they stole the bitcoin mining operation with help from Tether.
After canceling its IPO and conference plans, plus a massive round of lay-offs, Swan has faced criticism from the Bitcoin community.
Bitcoin firm Swan plans to end its managed mining product and has delayed its IPO while laying off employees.
— Cory Klippsten, Swan Bitcoin
Swan Bitcoin CEO Cory Klippsten has promised more details on the company's 2023 funding efforts but has not yet named the primary source.
Swan Bitcoin is struggling with banking access again as banks suspend accounts of customers who used bitcoin mixers.
According to Swan Bitcoin CEO Cory Klippsten, Ripple perpetrated “a criminal game of securities fraud.” Then Ripple bought Swan’s custodian.