TechFlow news, according to The Block, Bitcoin mining company Bitfarms fired its CEO Geoffrey Morphy on Monday after he filed a lawsuit against the company seeking $27 million in damages for breach of contract.
Morphy, who previously served as President and Chief Operating Officer, was promoted to CEO in December 2022. However, in March this year, Bitfarms announced that Morphy would be leaving the company once a new executive was found, but would continue leading the mining firm in the interim to ensure a "smooth transition."




