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1/16/2025 11:32:29 AM (GMT+1)

Tether has sued Swan Bitcoin for breach of terms in a joint Bitcoin mining project agreement, accusing the company of a hostile takeover and leaking confidential information ⚖️

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Tether has sued Swan Bitcoin for breach of terms in a joint Bitcoin mining project agreement. The companies accuse each other of violations, including theft of confidential information and hostile takeover. Tether claims it acted in accordance with the contract, while Swan accuses the company of supporting a competitor, Proton Management, which led to the removal of Swan's CEO and the loss of control over the project.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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