Swan Bitcoin Drops Federal Lawsuit Against Proton After UK Court Concession Kills Its Core Claims

June 1, 2026
Swan Bitcoin Drops Federal Lawsuit Against Proton After UK Court Concession Kills Its Core Claims
Swan Bitcoin founder and Chief Executive Officer Cory Klippsten. Image source: Swan BitcoinA federal judge dismissed Swan Bitcoin’s entire lawsuit against Proton Management Ltd. and its employees on June 1, 2026, after Swan admitted in parallel UK proceedings that it never owned the mining assets and trade secrets at the center of its claims. Case Collapses on Its Own Premise Swan filed the original suit in California […]

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