Swan Bitcoin sues its lawyers for citing Tether as client
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2024-11-26 14:32:01 4,339
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Golden Finance reports that Bitcoin financial services company Swan Bitcoin sued Gibson, Dunn & Crutcher law firm (Gibson, Dunn & Crutcher) because the company hired a person to represent stablecoin issuers and competing cryptocurrencies. Lawyer for the company Tether.
Swan sued Gibson in California Superior Court on November 22, accusing him of legal malfeasance, saying he "recruited and won" Swan to represent Swan against Tether, a "former partner turned adversary", after which the lawyer The firm “accepted Tether as a client and told Swan to get out.”
Swan claims that one of Gibson’s attorneys called the law firm’s CEO, Cory Klippsten, to warn Swan that he needed to find other lawyers because the law firm hired Barry Berke, an attorney representing Tether, which could present a conflict of interest.