Marathon Digital fined $138M for non-circumvention agreement breach

Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho.

Marathon Digital, the largest Bitcoin mining company by market capitalization, has reportedly been fined $138 million after being found guilty of breaching a non-disclosure or non-circumvention agreement.

Michael Ho, the former co-founder of US Bitcoin Corp and the chief strategy officer of mining company Hut 8, won a unanimous jury verdict in his breach of contract lawsuit against Marathon Digital Holdings.

A non-circumvention agreement is a legally enforceable agreement that protects firms or individuals from being bypassed by other parties participating in a transaction.

Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho.
Marathon Digital, the largest Bitcoin mining company by market capitalization, has reportedly been fined $138 million after being found guilty of breaching a non-disclosure or non-circumvention agreement. Michael Ho, the former co-founder of US Bitcoin Corp and the chief strategy officer of mining company Hut 8, won a unanimous jury verdict in his breach of contract lawsuit against Marathon Digital Holdings. A non-circumvention agreement is a legally enforceable agreement that protects firms or individuals from being bypassed by other parties participating in a transaction. Read more