Bitcoin Miner Mawson Fires CEO, Files Fraud Lawsuit – What's Going On?

  • Bitcoin Miner Mawson has removed CEO Rahul Mewawalla, citing fiduciary and fraud violations, and has sued to recoup a multimillion-dollar pay package. The case is Mawson's second 2025 dispute, unfolding as Canaan's 17 000-rig expansion continues at the firm's Midland, PA, facility.