Proton Management, a reputable cryptocurrency financial services provider, has categorically denied the allegations levied against it by rival Swan Bitcoin and has filed a motion requesting the dismissal of the lawsuit. Swan Bitcoin, a company backed by Tether, had accused Proton of misappropriating its confidential information and trade secrets pertaining to its bitcoin mining operations. Proton Management has vehemently refuted these claims, expressing confidence that they are baseless and lack merit. The company asserts that it has not engaged in any unlawful conduct and has acted with integrity throughout its operations. Proton Management has also expressed doubts regarding Swan Bitcoin's ownership of the alleged intellectual property. Furthermore, they argue that Swan Bitcoin has not suffered any discernable damages as a consequence of Proton's actions. Proton Management's legal team is urging the court to dismiss the lawsuit on the grounds of its baseless nature and the absence of any demonstrable harm to Swan Bitcoin. They maintain that Proton Management has a strong case and is prepared to defend its reputation vigorously.