Marathon Digital, a U.S.-based cryptocurrency mining firm, after shareholders allege that CEO Fred Thiel, together with different executives, violated their fiduciary duties, unfairly enriched their pockets and squandered company property. , heading to court docket.
Shareholder complaints towards Fred Thiel and 9 different Marathon executives It has been submitted Firm executives have been sued primarily based on 5 allegations. These embrace violations of US securities legal guidelines, breaches of fiduciary responsibility, unjust enrichment, and waste of company property.
Learn extra on Cointelegraph