Bitfarms Founder Nicolas Bonta Resigns Amid Board Restructuring

Riot Platforms' takeover attempt prompts significant leadership changes at Bitfarms.

Nicolas Bonta steps down from Bitfarms' board following pressure from Riot Platforms.
Brian Howlett appointed as new board chair, with CEO Ben Gagnon joining the board.
Riot Platforms owns 16.9% of Bitfarms and has criticized its corporate governance.
Former CEO Geoffrey Morphy files $27 million lawsuit against Bitfarms for wrongful dismissal.
Liam Wilson named new Chief Operating Officer, previously with Mawson Infrastructure Group.