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Bitcoin Miner Mawson Fires CEO As Audit Uncovers Fraud Claims

Mawson Infrastructure Group’s board moved quickly this summer, cutting ties with its leader amid serious claims. On May 30, the company put CEO Rahul Mewawalla on notice for “Cause” under his contract.

Days later, he was placed on administrative leave. Then, on July 8, his board seat was taken away and a lawsuit was filed in Delaware’s Court of Chancery.

The suit accuses him of fraud and breach of duty while at the helm of the Nasdaq‑listed Bitcoin miner.

Bitcoin Miner Mawson Fires CEO As Audit Uncovers Fraud Claims

Mawson Infrastructure Group’s board moved quickly this summer, cutting ties with its leader amid serious claims. On May 30, the company put CEO Rahul Mewawalla on notice for “Cause” under his contract.

Days later, he was placed on administrative leave. Then, on July 8, his board seat was taken away and a lawsuit was filed in Delaware’s Court of Chancery.

The suit accuses him of fraud and breach of duty while at the helm of the Nasdaq‑listed Bitcoin miner.

https://bitcoinist.com/bitcoin-miner-mawson-fires-ceo-as-audit-uncovers-fraud-claims/