๐Ÿ”ฅHot off the press! Former execs of Tether-backed Northern Data, Europe's largest Bitcoin miner, are suing the firm for wrongful termination after they blew the whistle on alleged financial mismanagement and tax evasion.๐Ÿ’ผ

Joshua Porter and Gulsen Kama claim Northern Data is "borderline insolvent" and has been hiding a whopping $30M German tax liability and potential tens of millions in U.S. tax liabilities.๐Ÿ˜ฑ

This comes amidst rumors of a U.S. IPO for Northern Data's AI unit, reportedly valued at a cool $16 billion.๐Ÿ’ฐ

Porter and Kama are seeking damages for their alleged wrongful termination. The potential liability? "Millions of dollars," according to their lawyers.โš–๏ธ

Tether is keeping mum on the issue, while Northern Data has yet to comment.๐Ÿค

What's your take on this corporate drama? Share your thoughts below!๐Ÿ‘‡ #CryptoNews #BlockchainDrama