US crypto-mining firm Marathon Digital is heading to courtroom after its shareholders alleged that its CEO Fred Thiel, alongside different prime executives, breached his fiduciary duties, unjustly enriched himself and wasted belongings of the corporate.
A shareholder grievance in opposition to Fred Thiel and 9 different Marathon executives was deposit in United States District Courtroom for the District of Nevada on July 8. The administrators of the corporate are being sued on the premise of 5 complaints. Amongst them are violations of america Securities Trade Act, a breach of fiduciary obligation, unjust enrichment and waste of firm belongings.
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