[Swan Bitcoin Files Subpoena Request for Cantor Fitzgerald and Former CEO, Seeking Evidence Related to Mining Dispute] According to TechFlow News on March 26, as reported by Cointelegraph, Bitcoin financial services company Swan Bitcoin filed an ex parte application this Monday in the U.S. District Court for the Southern District of New York, seeking to subpoena Cantor Fitzgerald and its former CEO Howard Lutnick to obtain critical documents related to its failed mining joint venture project. Swan Bitcoin filed a lawsuit in September 2024 against several former employees, accusing them of stealing confidential documents before collectively resigning to establish a competing company, Proton Management. The former employees allegedly persuaded Tether to terminate its partnership with Swan and instead support the new company. Swan claims this plan was internally referred to by the former employees as the "Rain and Hellfire" plan, with the main orchestrators being former Head of Business Development Michael Holmes and former Chief Investment Officer Raphael Zagury. Swan believes that Cantor Fitzgerald, as Tether's investment banking advisor, may possess key documents related to the sale of 2040 Energy assets—part of Swan's mining joint venture—at a low price to a Tether subsidiary.