Mawson Infrastructure files adversary proceedings in U.S. Bankruptcy Court

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Wed, December 31, 2025 astatine 8:10 AM CST 1 min read

Mawson Infrastructure (MIGI) Group filed an adversary proceeding successful the United States Bankruptcy Court for the District of Delaware successful the substance entitled “Mawson Infrastructure Group Inc. versus W Capital Advisors Pty Ltd, et al.” The enactment seeks attorneys’ fees, costs, and damages against aggregate parties related to the December 2024 involuntary bankruptcy filed against Mawson. The ailment alleges that the petitioning creditors successful the Involuntary Petition – W Capital Advisors, Marshall Investments GCP, Rayra, and affiliated individuals – engaged successful a coordinated run to harm Mawson, which caused terrible fiscal harm, including a one-day marketplace capitalization nonaccomplishment of astir $23M, reputational damage, and millions successful ineligible expenses. The Involuntary Petition was dismissed with prejudice by written bid connected November 4, and the Court expressly preserved Mawson’s close to prosecute definite remedies against the petitioning creditors. Mawson present seeks compensatory and punitive damages, sanctions, and injunctive alleviation to forestall further violations and deter aboriginal maltreatment of the bankruptcy process. “This filing is astir protecting shareholder worth and holding the liable parties accountable for their egregious misconduct,” said Kaliste Saloom, Mawson’s Interim CEO and General Counsel. “We are committed to pursuing afloat betterment to support our shareholders’ investment.”

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