GuShiio.com has learned that according to Blockspace Media, recently disclosed court documents show that Bitcoin financial services company Swan Bitcoin is suspected of defaulting on a Bitcoin mining joint venture with stablecoin giant Tether. The documents accuse Swan of using its stake in joint venture company 2040 Energy without authorization to obtain financing from Ripple Labs. The dispute between Swan and Tether has triggered mutual litigation between the two parties in British and American courts over the dispute over control of their mining business.
read the original