Yup it’s a good read, I’m not a lawyer but isn’t an interpretation that Tether backed Swan with capital for a different business unit titled under a different legal entity then decided to take control, rather than let Swan build it out. Whether Tether had the right due to “mismanagement” or they just decided to gain control before Swan could pay back the capital and bag some revenue for themselves will be interesting to see a judge’s opinion on. I do agree that exposing your business to risks like that isn’t a great look for people that use your platform and are after stability and minimizing any chance of getting rugged but the swan withdrawals have always been quick for me. River are great, I’ve used both.
For me it's more red flags. The first was Prime Trust, and they stayed with that same founder with fortress trust. Then I heard from a friend im industry that they'd rather work for Udi than Cory, due to leadership/personality qualities. Then another friend conveyed similar experience with the dude. Now this mining debacle. All in all, I just can't support a company who doesn't practice what they preach (self custody) and who's leaders clearly have judgement impairments. They're all hype and no PoW. YMMV and I wish you best of luck.