Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary.

Proton Management argues that Swan Bitcoin never owned the mining business in question, as it was part of 2040 Energy, a separate entity funded by Tether in which Swan holds only a minority stake.Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing

Tether is not a named defendant in the suit, and spokesperson for the company has denied any and all implications of wrongdoing in prior comments to CoinDesk.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' managementA hedge fund that's been urging Southwest Airlines to dump its CEO and chairman says it has acquired enough of the company's stock to call a special meeting of shareholders. The move gives Elliott Investment Management more leverage in its proxy fight heading into a meeting with Southwest officials next week.
Source: AP - 🏆 728. / 51 Read more »

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' managementA hedge fund that's been urging Southwest Airlines to dump its CEO and chairman says it has acquired enough of the company's stock to call a special meeting of shareholders.
Source: ksatnews - 🏆 442. / 53 Read more »

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' managementA hedge fund that's been urging Southwest Airlines to dump its CEO and chairman says it has acquired enough of the company's stock to call a special meeting of shareholders.
Source: wjxt4 - 🏆 246. / 63 Read more »

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' managementElliott Investment Management has acquired enough of the company’s stock to call a special meeting of shareholders.
Source: NBCDFW - 🏆 288. / 63 Read more »

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' managementElliott Investment Management has acquired enough of the company’s stock to call a special meeting of shareholders.
Source: NBCDFW - 🏆 288. / 63 Read more »

Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' managementElliott Investment Management has acquired enough of the company’s stock to call a special meeting of shareholders.
Source: NBCDFW - 🏆 288. / 63 Read more »