Bitcoin miner Marathon Digital hit with another SEC subpoena

United States News News

Bitcoin miner Marathon Digital hit with another SEC subpoena
United States Latest News,United States Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Bitcoin miner Marathon Digital has been hit with a second subpoena from the SEC concerning a probe into whether it violated federal securities laws while building its Hardin facility.

Bitcoin miner Marathon Digital has disclosed that it received another subpoena from the United States Securities and Exchange Commission relating to its 100-megawatt data center in Hardin, Montana.May 10, it received the subpoena on April 10 “relating to, among other things, transactions with related parties” that occurred while it was creating the facility in Montana, adding:

“We understand that the SEC may be investigating whether or not there may have been any violations of the federal securities law. We are cooperating with the SEC”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC issues new subpoena to bitcoin miner MarathonSEC issues new subpoena to bitcoin miner MarathonMarathon Digital, a U.S.-based bitcoin mining firm, disclosed a new subpoena from the U.S. Securities and Exchange Commission.
Read more »

Bitcoin set for desert mining at Abu Dhabi site from Marathon, Zero TwoBitcoin set for desert mining at Abu Dhabi site from Marathon, Zero TwoDubbed Abu Dhabi Global Markets JV Entity, the venture will develop and operate two bitcoin mining sites that will have a capacity of 250MW.
Read more »

Marathon Digital announces immersion crypto mining operations in Abu DhabiMarathon Digital announces immersion crypto mining operations in Abu DhabiMarathon Digital and Zero Two plan to develop two mining sites with a combined 250-megawatt capacity in Mina Zayed and Masdar City in the United Arab Emirates.
Read more »

Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues – Exchanges Bitcoin NewsBinance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues – Exchanges Bitcoin NewsThe implementation of the Lightning Network by Binance would allow users to have the option of sidestepping the high fees collected by the BTC network when experiencing this kind of congestion.
Read more »

Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows – Bitcoin NewsBitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows – Bitcoin NewsDuring the last two weeks, Bitcoin’s scaling challenges have sparked lots of controversy and diverse perspectives.
Read more »

Bitcoin Cash (BCH) up 8%, Is This Growth Connected to Bitcoin?Bitcoin Cash (BCH) up 8%, Is This Growth Connected to Bitcoin?Bitcoin's network congestion appears to be responsible for growth of Bitcoin Cash (BCH)
Read more »



Render Time: 2025-02-16 05:49:49