Swan Bitcoin sues former employees and consultants! 💥 The company claims that the individuals stole the Bitcoin mining business with the help of Tether. Swan says that its trade secrets and proprietary code were transferred to a new company called Proton Management. Tether denies all the accusations.

- Swan received funding from Tether in 2023.

- Tether had valued Swan at $1 billion.

- The lawsuit led Swan to cancel its IPO plans and lay off 45% of its staff.

What do you think about this incident? Let's discuss it in the comments! 💬