Bitcoin Mining Startup Envion Ordered to Close by Swiss Court15.72

A court in Switzerland has ordered the closure of bitcoin mining startup Envion AG over concerns of poor corporate governance. The company raised $100 million in an initial coin offering (ICO) in January, but a succession of boardroom wrangles have led to a breakdown in its corporate structure, bringing operations to a halt.

Also read: Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3

Original source
https://news.bitcoin.com/bitcoin-mining-startup-envion-ordered-to-close-by-swiss-court/

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