Swan Bitcoin Drops Federal Lawsuit Against Proton After UK Court Concession Kills Its Core Claims

02-Jun-2026 Bitcoin.com

Swan Bitcoin founder and Chief Executive Officer Cory Klippsten. Image source: Swan Bitcoin

A federal judge dismissed Swan Bitcoin’s entire lawsuit against Proton Management Ltd. and its employees on June 1, 2026, after Swan admitted in parallel UK proceedings that it never owned the mining assets and trade secrets at the center of its claims. Case Collapses on Its Own Premise Swan filed the original suit in California […]

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