The case, filed in U.S. federal court in the Northern District of Illinois on Dec. 17, centers around an allegation that Blockware sold Faes & Co. 50 mining rigs for $525,000. But, Faes said in the lawsuit, “Blockware did not actually own or operate a facility to host the miners and was not capable of doing so reliably.” Also, the facilities owned by third parties that Blockware could tap didn’t have reliable power, resulting in subpar service, according to the suit.
![BlackRock Dedicates $100K in Initial Seed Funding for Proposed Spot Bitcoin [BTC] ETF](https://www.coindesk.com/resizer/cVXRqEWwDpy9uXcHfDON1bd-RNI=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ALWD5SKMINH37KIJLFM4XE3HUU.jpeg)
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The...
Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in digital asset trading volume in November.In an 8-K filing...
The XRP price going to double-digits eventually has been a hard sell in the community given the token’s performance over...
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC...
During a recent event celebrating the 10-year anniversary of Meta’s Fundamental Artificial Intelligence Research (FAIR) team, Yann LeCun, a prominent...
The Bitcoin ecosystem continually evolves, adapting to the demands of a growing user base and the challenges of scalability. A...
Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.
