According to Deep Tide TechFlow, as reported by Cointelegraph, Bitcoin financial services company Swan Bitcoin filed a lawsuit on November 22 against its current legal counsel, Gibson, Dunn & Crutcher LLP, for legal malpractice. The lawsuit arises from the 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 filed a motion to withdraw as counsel in the Swan vs. Proton case, stating that "the attorney-client relationship has completely broken down." In response, Swan filed for a temporary restraining order with the 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 for November 26 regarding the temporary restraining order.
