Layer1
Following a string of investments, miners are increasingly optimistic about prospects for the U.S. market in 2021.
Layer1 Technologies is facing a lawsuit from a co-founder who claims he invested millions of dollars and was then forced out of the firm.
Alex Liegl has resigned as CEO to be replaced by fellow co-founder Jakov Dolic, who has rejoined the company.
Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – but that’s not what Liu says.