Waste of corporate assets

Company: Marathon Digital

This claim was withdrawn on September 28, 2026. The source is a consolidation order that only records a shareholder plaintiff's allegation of waste of corporate assets; it makes no finding that the officers and directors actually wasted Marathon's assets, so the claim's statement of fact is not supported.

How this was decided: Evidence review against the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind: other
Statement date: 2023-08-14
Current status: withdrawn

The claim, verbatim

Officers and directors wasted the corporate assets of Marathon Digital Holdings, Inc.

Source (primary)

Konigsberg v. Thiel — Entry #22: ORDER Granting 18 Stipulation to Consolidate (RECAP, court_filing)
View cached copy (2026-09-27)Live source ↗

Quote: “alleging claims for... waste of corporate assets”

How we checked this

Checked on September 29, 2026. The cited source supports part of this claim, but not all of it.

The consolidation order lists waste of corporate assets among the claims a shareholder alleged, but it makes no finding that any waste occurred and does not identify the defendants' positions.

Confirmed in the source:

A shareholder derivative lawsuit filed on behalf of Marathon Digital Holdings, Inc. alleged waste of corporate assets against ten named individual defendants

We could not confirm this from the cited source:

That these individuals actually wasted Marathon Digital Holdings, Inc.'s corporate assets (the document records only an allegation, not a finding)
That the defendants were officers and directors of Marathon Digital Holdings, Inc. (the document names them but does not state their roles)

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of RECAP (https://archive.org/download/gov.uscourts.nvd.163350/gov.uscourts.nvd.163350.22.0.pdf) in full (4,641 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Konigsberg v. Thiel — Entry #22: ORDER Granting 18 Stipulation to Consolidate

Quote: “alleging claims for... waste of corporate assets”

View cached copy (2026-09-27)Live source ↗

Record of changes

September 27, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

September 28, 2026 — withdrawn

Evidence review against the cited source. The source is a consolidation order that only records a shareholder plaintiff's allegation of waste of corporate assets; it makes no finding that the officers and directors actually wasted Marathon's assets, so the claim's statement of fact is not supported.