🔥Hot 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.💼
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.😱
This comes amidst rumors of a U.S. IPO for Northern Data's AI unit, reportedly valued at a cool $16 billion.💰
Porter and Kama are seeking damages for their alleged wrongful termination. The potential liability? "Millions of dollars," according to their lawyers.⚖️
Tether is keeping mum on the issue, while Northern Data has yet to comment.🤐
What's your take on this corporate drama? Share your thoughts below!👇 #CryptoNews #BlockchainDrama