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Ex-directors allege fraud at Tether-backed crypto group Northern Data

Two former executives of Northern Data, a German-listed crypto and AI infrastructure company backed by Tether, say they were sacked after raising concerns about alleged fraud they claim was being perpetrated by its chief executive and chief operating officer. In a complaint filed last month at the California Central District court, Joshua Porter and Gulsen Kama allege that Northern Data was “falsely misrepresenting the strength of its financial condition to investors, regulators and business par...

Read more at ft.com

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