According to ChainCatcher and reported by Cointelegraph, the Bitcoin financial services company Swan Bitcoin filed a lawsuit on November 22 in California Superior Court against its current legal counsel Gibson, Dunn & Crutcher for legal malpractice. This lawsuit stems from the law firm's hiring of attorney Barry Berke, who represents competitor Tether.
Swan Bitcoin previously hired Gibson as legal counsel in September to sue a group of former employees for allegedly stealing software code to establish the cryptocurrency mining company Proton Management. Swan claims that Proton persuaded Tether to cut ties with Swan and instead support Proton.
On November 24, Gibson requested to withdraw from representing Swan in the case against Proton, stating that "the attorney-client relationship has completely broken down." In response, Swan filed for a temporary restraining order in California Superior Court on November 25, seeking to prevent Gibson from withdrawing from the case and prohibiting him from accepting Tether as a client. The court has scheduled a hearing on the temporary restraining order for November 26.