US crypto-mining firm Marathon Digital is heading to courtroom after its shareholders alleged that its CEO Fred Thiel, alongside different high executives, breached his fiduciary duties, unjustly enriched himself and wasted property of the corporate.
A shareholder grievance towards Fred Thiel and 9 different Marathon executives was deposit in United States District Court docket 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 the USA Securities Trade Act, a breach of fiduciary responsibility, unjust enrichment and waste of firm property.
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