Bitcoin24h $81,836.01-1.48%

Ethereum24h $1,795.46-2.28%

XRP24h $2.06-5.57%

BNB24h $596.69-1.65%

Solana24h $125.84+0.40%

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TRON24h $0.2326+0.45%

Toncoin24h $3.90+1.52%

Chainlink24h $13.18-3.59%

Swan abandons mining and IPO, lays off employees

Bitcoin firm Swan plans to end its managed mining product and has delayed its IPO while laying off employees.

Swan Bitcoin questioned over unnamed investor and new trading fund

Swan Bitcoin CEO Cory Klippsten has promised more details on the company’s 2023 funding efforts but has not yet named the primary source.

According to Swan Bitcoin CEO Cory Klippsten, Ripple perpetrated “a criminal game of securities fraud.” Then Ripple bought Swan’s custodian.

Protos interviews Cory Klippsten to kick-start a new series — the pro-Bitcoin influencer discusses the markets, regulation, and more.