Swan Bitcoin Claims Ex-Employees 'Stole' Its Mining Business at Tether’s Direction.

Swan Bitcoin has filed suit against a group of former employees and consultants, alleging they “hatched and executed a ‘rain and hellfire’ plan” to "steal" its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin’s one-time ally and fundraising partner.

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Ouch

Lawyers. Fees. Lengthy process. Never fun for anyone, let alone a relatively young business

This is why I hate my job sometimes. Litigation is always bad even if you when 99% of the time.

Just so complex at times I imagine. Unnecessarily so as well

Good fiat mining gig I imagine though. Hyper specialisation the way to go

It pays the bills but most of the litigation I do involves one company testing another like “can you absorb the cost of this lawsuit? If not I will drink your milk shake, if so I’ll settle and move on” which is very netzero fiat thinking

What?! 😯