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Keep up with what's happening in the crypto world in real-time.

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cover-imageCryptoSlate
January 15, 2025

Tether claims Swan Bitcoin was ‘reckless,' escalates legal war after mining venture fallout

Tether, the leading issuer in the stablecoin sector, has initiated legal proceedings against Swan Bitcoin in the High Court of England and Wales, according to a Jan. 15 statement shared with CryptoSlate. The stablecoin company claimed that Swan had significantly breached their agreements, prompting the lawsuit to safeguard its investment.

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cover-imageInvezz
January 15, 2025

Tether sues Swan Bitcoin over breach of Bitcoin mining venture contract

Tether, a prominent stablecoin issuer, has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of breaching their contractual agreements in a joint Bitcoin mining venture. The legal action, confirmed by Tether and co-claimant 2040 Energy on January 15, 2025, marks an escalation in a contentious dispute between the two companies.

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