Today news
About the same in other media
Beijing court rejects monetary compensation in Bitcoin mining contract plea
Reading now: 971
A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company.
The Chaoyang District People’s Court on Wednesday deemed the Bitcoin mining contract between the plaintiff and the blockchain firm “invalid,” the South China Morning Post reported on Dec. 16. The plaintiff in the case reportedly paid 10 million yuan ($1.6 million) to the blockchain firm for deployment of mining machines, but incurred losses on his investment.
The Beiijng based plaintiff claimed he earned only 18.5 Bitcoin on his investment and demanded an additional 217.17 BTC in compensation for his losses. The court rejected the plea and also directed the Sichuan branch of the National Development and Reform
Read more on cointelegraph.comAbout this in other media
Bitcoin Miners Could Go Nuclear in Kazakhstan as Gov’t Plans New Power Plant cryptonews.com /2 years ago
Crypto mining reportedly rises in Thailand due to Chinese crypto ban cointelegraph.com /2 years ago
'Net neutral' — Rising Bitcoin exchange balances could be due to Huobi Chinese user block cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
