Coindesk

Celsius and Core Scientific Reach $45M Deal Over Mining Rig Shutdown

Crypto mining providers Celsius and Core Scientific have reached a tentative $45 million deal to resolve their legal dispute. The settlement, which includes a cash payment of $14 million and the transfer of an 85-acre mining site, must be approved by judges in Texas and New York. The deal is described as a fair and equitable resolution that avoids further litigation costs.

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Celsius and Core Scientific Reach $45M Deal Over Mining Rig Shutdown

Crypto mining providers Celsius and Core Scientific have reached a tentative $45 million deal to resolve their legal dis… Read Summary

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The post News Explorer — Celsius and Core Scientific Reach $45M Deal Over Mining Rig Shutdown appeared first on Crypto News Australia.

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Filed under: Bitcoin - @ September 15, 2023 10:23 am