San Francisco-based Bitcoin mining company Layer1 Technologies has been hit with a lawsuit by its own CEO John Harney and investment firm, DGF Investments. The complaint accuses Layer1’s founder Jako...
Tag: Fiefdom
FTX Lawyers Tell Bankruptcy Court The Company Became SBF’s “Personal Fiefdom”
During the proceedings, the newly appointed FTX lawyers put their analysis in front of the court. Before filing for Chapter 11 bankruptcy, the former FTX CEO, Sam Banman-Fried, reported the liquidity ...