Cryptocurrency mining company Bitfarms announced the dismissal of CEO Geoffrey Morphy
ChainCatcher news, cryptocurrency miner Bitfarms has announced the immediate dismissal of CEO Geoffrey Morphy. Bitfarms Chairman and Co-Founder Nicholas Bonta has been appointed as interim President and CEO.
On May 10, Geoffrey Morphy filed a lawsuit against the company in the Ontario Superior Court, seeking damages for breach of contract, wrongful dismissal, and aggravated and punitive damages in the amount of $27 million.
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