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