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failed bitcoin mining venture leaves kentucky facility owners in legal turmoil

In Eastern Kentucky, a bitcoin mining venture between Mohawk Energy and HBTPower has devolved into a legal battle, with both parties accusing each other of contract breaches and unpaid fees. The partnership, initially seen as a way to revitalize the local economy, has left facility owners burdened with unpaid energy bills and equipment that remains unused. As disputes between Chinese companies and U.S. facility owners escalate, many are left with few options for financial recovery.
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United States Dollar Anna Whites Law Office White & Case LLP Huobi DLA Piper USA CHN Wes Hamilton Anna Whites Brandon Smith Kim Havlin Harout Samra Show more
Finance & Economy, News Article
13:00 21.10.2024
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