Swan Bitcoin seeks to subpoena Cantor Fitzgerald and its former CEO in dispute with former employees

金色财经_

2026-03-26 07:43:37

Abstract generation in progress

Golden Finance reports that on March 26, Bitcoin financial services company Swan Bitcoin filed a unilateral subpoena to summon Cantor Fitzgerald and its former CEO Howard Lutnick to obtain evidence related to a failed mining project involving former employees.
Swan sued several former employees in September 2024, accusing them of stealing confidential documents before leaving and founding a “counterfeit competitor” company, Proton Management, within days; they also persuaded one of Swan’s financing partners, Tether, to terminate cooperation with Swan and instead do business with them. It is claimed that these former employees called the plan “Rain and Hellfire.”
The subpoena application, filed Monday in the Southern District Court of New York, targets Cantor Fitzgerald and Lutnick because Swan believes they hold key documents related to the failed mining project 2040 Energy, as well as employee departures and alleged data theft.
This subpoena against Lutnick comes as he assumes the role of U.S. Secretary of Commerce, with several Democratic senators, including Elizabeth Warren, continuing to question potential conflicts of interest related to Tether.

BTC-2,83%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.