Mawson Infrastructure Files Lawsuit to Recover Losses

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Dec 30 2025

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Mawson Infrastructure Group filed an adversary proceeding in the United States Bankruptcy Court for the District of Delaware in the matter entitled "Mawson Infrastructure Group Inc. versus W Capital Advisors Pty Ltd, et al." The action seeks attorneys' fees, costs, and damages against multiple parties related to the December 2024 involuntary bankruptcy filed against Mawson. The complaint alleges that the petitioning creditors in the Involuntary Petition - W Capital Advisors, Marshall Investments GCP, Rayra, and affiliated individuals - engaged in a coordinated campaign to harm Mawson, which caused severe financial harm, including a one-day market capitalization loss of approximately $23M, reputational damage, and millions in legal expenses. The Involuntary Petition was dismissed with prejudice by written order on November 4, and the Court expressly preserved Mawson's right to pursue certain remedies against the petitioning creditors. Mawson now seeks compensatory and punitive damages, sanctions, and injunctive relief to prevent further violations and deter future abuse of the bankruptcy process. "This filing is about protecting shareholder value and holding the responsible parties accountable for their egregious misconduct," said Kaliste Saloom, Mawson's Interim CEO and General Counsel. "We are committed to pursuing full recovery to protect our shareholders' investment."

MIGI

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About MIGI

Mawson Infrastructure Group, Inc. is a digital infrastructure company. The Company develops and operates digital infrastructure platforms for enterprise customers. Its digital infrastructure platforms can be used to operate computing resources for applications and are offered across artificial intelligence (AI), high-performance computing (HPC), digital assets, and other computing applications. It has four businesses: Digital Colocation Business offers other businesses and customers to colocate the specialized computers used in mining digital assets and other equipment; the AI and HPC Colocation business provides its digital infrastructure to operate and optimizing the compute processing and performance of the graphics processing units (GPUs);Energy Management Business developed several energy management program capabilities, and Digital asset mining involves the use of miners to solve algorithmic problems, to update the distributed or decentralized ledger of Bitcoin transactions.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.