A Nasdaq-traded technology company for blockchain and computing is facing an eight-figure lawsuit in a federal district court in Manhattan over its alleged breach of a binding contractual obligation pursuant to a term sheet it executed in April in solicitation of $100 million in financing from an investment firm.
Andrew David Gladstein and Gayle Klein, commercial litigation partners in the New York office of Global 100 law firm Freshfields Bruckhaus Deringer, represent the plaintiff, Ayrton Capital LLC, in its breach-of-contract action against the defendant, Bitdeer Technologies Group, whose counsel is not listed in the Southern District of New York docket.
