Swan Bitcoin Sues Gibson Dunn Over Conflict of Interest in Trade Secrets Case

Swan Bitcoin, a company involved in Bitcoin trading, has initiated a lawsuit against the law firm Gibson, Dunn & Crutcher in the Los Angeles Superior Court. The lawsuit emerges following Gibson Dunn’s withdrawal from representing Swan Bitcoin in a trade secrets litigation due to a conflict of interest arising from a lateral hire. Swan Bitcoin alleges that Gibson Dunn has violated fiduciary duties and ethical standards, essentially claiming the firm “betrayed its client for Tether’s billions.” More details can be accessed in the original article on Law.com International.