Law firm Affeld England & Johnson announced that a Los Angeles federal jury has returned a verdict in favor of US Bitcoin Corp founder and Hut 8 investment director Michael Ho.
In 2020, Marathon Digital’s top management presented a development strategy for the company, including the launch of a large Bitcoin mining center in the United States. The company used Michael Ho’s ideas, but did not compensate him for the confidential information he provided.
Let us recall that Marathon Digital is the largest mining company by capitalization with an indicator of $6.99 billion, and is ahead of CleanSpark ($4.1 billion) and Riot Blockchain ($3.5 billion).
The company has a joint venture in Abu Dhabi and has been involved in a pilot project to heat homes using heat generated by bitcoin mining in Finland.
Earlier, a Texas jury acquitted David Fischer, the manager of Marathon Digital’s Granbury-area mining facility, of 12 noise-related violations.
Source: Bits
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