Compass Mining sued for losing Bitcoin mining machines sold by clients

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Possibilities are suing Compass Mining for over $2 million, alleging fraud, after the corporate lower ties with Russian web hosting company Bit River and did now not return clients’ Bitcoin machines, citing a non-applicable United States sanction because the draw.

Per a court docket file filed on Jan. 17, Compass Mining issued a search in April 2022 that it has terminated its “relationships and dealings with Bit River” as a result of sanctions imposed by Govt Explain 14024.

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