The post Marathon Digital Slapped with $139 Million Fine for Breach of Non-Disclosure Agreement appeared first on Coinpedia Fintech News
The largest Bitcoin miner Marathon Digital has been slapped $139 million in fine against the charges of breach of a non-disclosure agreement. Affeld England & Johnson LLP, who represented Michael Ho explained that the executive had developed a growth strategy for Marathon Digital. This includes developing a large-scale Bitcoin mining facility in North America. The law firm stated that Marathon breached the agreement by executing Ho’s strategy without compensating him for his efforts. After falling 3% on Monday, the MARA stock is facing further selling pressure dropping an additional 2.5% in the pre-market session on Tuesday.