Layer1 CEO alleges co-founder is using majority power to ‘ransack’ company By Cointelegraph

The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board members — including co-founder Jakov Dolic — for allegedly commandeering Layer1’s operations for their own gain.

Chief executive John Harney and DGF Investments Inc — a British Virgin Islands-based investment firm — filed the lawsuit against Dolic and fellow board member Tobias Ebel in Delaware’s Chancery Court on Feb. 2.

Harney and DGF Investments’ court filing in the Delaware court. Source. Bloomberg Law.