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Bitcoin Miner Marathon Digital Fined $138 Million

Marathon Digital, the industry-leading Bitcoin mining firm, was fined $138 million for breaking a non-circumvention agreement with ex-executive Michael Ho. Ho also co-founded US Bitcoin Corp and serves as the chief strategic officer for Hut 8, another well-known Bitcoin mining company. A press release on the matter stated, “A federal court jury unanimously ruled in favor of Michael Ho against Marathon Digital Holdings, Inc. for $138 million after finding that Marathon breached a...

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