A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a large-scale energy supplier with Marathon, which had agreed not to bypass him. However, Marathon circumvented Ho and engaged directly with the supplier without compensating him. Ho is well-known for his major contributions to industrial-scale bitcoin mining and his extensive network in the energy and equipment manufacturing industries.
Marathon Digital Ordered to Pay $138M for Contract Breach
This article was published more than a year ago. Some information may no longer be current.
WRITTEN BY
SHARE
