How bitcoin miner Layer1's pitch deck could spell legal trouble
August 24, 2020, 4:25PM EDT · 3 min read
- A pitch deck from Peter Thiel-backed bitcoin mining startup Layer1 may have misled investors about the makeup of its “founding team.”
- If true, it could have legal ramifications for the firm, which is seeking to define the United States as a more powerful base for global bitcoin mining operations.
The Block explores the recent controversy around bitcoin miner Layer1 and its funding presentation to investors.
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