Swan Bitcoin has filed a lawsuit against former employees, accusing them of stealing code and creating a rival firm, Proton Management. They allegedly convinced Tether to stop working with Swan, which dealt a serious blow to the business. Swan is seeking an injunction and the return of the stolen equipment. 🚨
Details:
- Former employees create Proton Management
- Tether ends cooperation with Swan
- Swan seeks legal action and compensation
Source: Cory Klippsten