The dispute over Bitcoin mining in the United States continues to escalate, with Swan Bitcoin filing for evidence in the New York court to obtain proof related to Tether. The controversy stems from the breakdown of the partnership between Swan and the joint venture 2040 Energy with Tether, accusing internal executives of misconduct. Meanwhile, Cantor Fitzgerald and its CEO are also involved, with potential links to funds and interests. The case could impact Bitcoin mining models and the stablecoin ecosystem.

Swan Bitcoin filed a subpoena in New York Federal Court against Cantor Fitzgerald and its former CEO, seeking key documents related to a failed mining joint venture project, based on allegations that a former employee stole confidential information and founded a competing company.