Athena Bitcoin, AML head to court over ‘fraudulent scheme’ to steal source code
The post Athena Bitcoin, AML head to court over ‘fraudulent scheme’ to steal source code appeared on BitcoinEthereumNews.com.
Athena Bitcoin has been accused of copyright infringement and trade secret appropriation by AML Software. AML Software has filed a lawsuit against Athena Bitcoin, claiming that Athena conspired with Taproot Acquisition Enterprises and its CEO, Jordan Mirch, in a scheme to wrongfully obtain AML’s proprietary source code. Athena Bitcoin faces lawsuit over alleged source code theft Athena Bitcoin Global Inc., a U.S.-based Bitcoin ATM operator, has run into legal trouble with the Illinois firm AML Software. AML Software filed a lawsuit accusing Athena Bitcoin of engaging in a scheme to steal its proprietary source code. The complaint was lodged on Tuesday in federal court and contains allegations of copyright infringement, trade secret theft, and other unlawful conduct. AML Software claims that its code is copyrighted and was never licensed for sale to Athena despite the company’s attempt to directly purchase AML’s code. The 16-page filing made allegations of collusion between Athena and Jordan Mirch, the CEO of Taproot Acquisition Enterprises. Mirch was implicated as the “motivating force” behind the alleged misappropriation and accused him of using fraudulent tactics to gain access to more than 3,000 ATMs still running AML’s software that Athena sought to acquire starting in 2023. The legal case involves SandP Solutions, which is a company that once operated 2,800 Bitcoin ATMs. After regulators barred SandP from operating in Ohio, the company faced mounting financial strain. The complaint alleges that Mirch seized the opportunity, securing SandP’s ATMs through “fraudulent misrepresentations and other unlawful conduct.” Once in possession of the machines, Mirch allegedly reached out to Athena to negotiate a transfer of both hardware and software. The lawsuit further claims that Mirch hired an AML developer as a consultant in an effort to wrongfully obtain AML’s existing copyrighted platform. Athena faces different customer protection lawsuit AML’s lawsuit also references…
Filed under: News - @ September 24, 2025 11:25 pm