Today news
About the same in other media
Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
Reading now: 740
Bitfarms ousted its CEO Geoffrey Morphy on May 13 after he filed a $27 million lawsuit against the company.
According to a press release from the Bitcoin miner, Morphy filed a multi-million dollar claim in the Superior Court of Ontario on Friday alleging damages caused by Bitfarms related to breach of contract, wrongful dismissal, and aggravated and punitive damages worth $27 million.
Bitfarms Chairman and co-founder Nicolas Bonta has been appointed interim President and CEO of Bitfarms.
The bitcoin mining company’s shares were trading 5.9% lower as of early Monday afternoon.
Latest update on Bitfarms $BITF CEO news for anyone holding
Read more on cryptonews.comAbout this in other media
Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme cryptonews.com /5 months ago
Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy cryptonews.com /5 months ago
Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments cryptonews.com /5 months ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
