Stone Ridge Sues Mawson Over Bitcoin Mining Equipment Misuse
- Stone Ridge Holdings Group and Consensus Colocation filed a lawsuit against Mawson Infrastructure.
- Mawson is accused of illegally acquiring over 20,000 ASIC units valued at $30 million.
- The equipment was allegedly used by Mawson for Bitcoin mining, generating up to $200,000 daily.
- The dispute originated from conflicts over hosting and electricity payments.
- Stone Ridge seeks a court order to regain access to their mining equipment.
Stone Ridge Holdings Group claims that Mawson Infrastructure unlawfully took over 20,000 ASIC units worth $30 million for their own Bitcoin mining operations, prompting legal action to restore access to the equipment.
Source (2.6)https://hodl.press/stone-ridge-accuses-mawson-partner-of-stealing-20000-asics/?rand=24434
