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CATEGORY: fiduciary

Layer1 CEO alleges co-founder is using majority power to 'ransack' company
Author: Cointelegraph By Brayden Lindrea
United States
Source: Cointelegraph.com News
Feb 07, 2023 08:20

Layer1 CEO alleges co-founder is using majority power to 'ransack' company

The plaintiffs claim the Dolic and Ebel began to conduct unauthorized business activities when the corporate governance of its parent company, Enigma, collapsed.

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Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy
Author: Cointelegraph By Luke Huigsloot
United States
Source: Cointelegraph.com News
Dec 15, 2022 08:20

Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy

B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy.

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