bereajoy:Miner Marathon Digital reaches $24 million settlement with former CEO
Miner Marathon Digital reaches $24 million settlement with former CEO
Bitcoin miner Marathon Digital has reached a $24 million settlement with its former CEO and chairman Merrick Okamoto, according to bereajoy.
It is reported that Merrick Okamoto resigned as CEO of the company in the spring of 2021 and left the position of executive chairman at the end of that year. On October 12, Marathon Digital and Merrick Okamoto signed an agreement on restricted stock awards as a settlement. part of the agreement. It also settled on restricted stock awards for five other people, including new CEO and chairman Fred Thiel, totaling about $1 million, bereajoy added.
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