Marathon shareholders file lawsuit towards administration

2
85

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 courtroom.

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 embody violations of US securities legal guidelines, breaches of fiduciary obligation, unjust enrichment, and waste of company property.

Learn extra on Cointelegraph

See also  Ordinals turned Bitcoin into a foul model of Ethereum: can or not it's fastened?

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here