Bitcoin mining company Blockware Solutions has been sued by one of its customers for breach of contract.
In the crypto industry, this year has been a year in which legal processes are at the forefront. The crypto bear market, initiated by the global economy and various factors, has hurt millions of investors. FTX in particular has led to the evaporation of billions of dollars of assets. Challenging processes have also hit the Bitcoin mining side. Many Bitcoin mining companies had to file for bankruptcy. In the midst of all these processes, Bitcoin miner Blockware Solutions was sued by a client. The customer, who filed a compensation case, demands 250 thousand dollars.
Bitcoin Mining Company Blockware Solutions Faces Compensation Lawsuit
Bitcoin mining equipment and hosting provider Blockware Solutions has been sued by a customer for breach of contract, negligence and fraud. The customer, who filed a compensation lawsuit, demands $250,000 from the company.
In the lawsuit, it was stated that the company sold its mining equipment for 525,000 dollars. Also, according to the lawsuit, the third-party facilities that Blockware had access to did not produce reliable power. This has resulted in the company providing a rather poor service.
London-based Faes, who filed the lawsuit, claimed that Blockware does not own or operate a facility to house miners. According to Faes, the mining company did not provide confidence.
Faes stated that he experienced long-term interruptions and inoperability due to power shortages caused by Blockware. Faes, who lost his income due to this situation, stated that his loss was 250 thousand dollars. The company sued the mining equipment and hosting provider for this reason.
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