Celsius and Core Scientific suggest $45M settlement for litigation

Crypto mining agency Core Scientific has introduced an settlement with lending firm Celsius Community to settle a authorized battle that had been ongoing for months.

In a Sept. 15 announcement, Core Scientific mentioned it had agreed to promote a (BTC) mining information heart to Celsius in change for $14 million in money to settle “all current litigation.” The worth of the Texas-based information heart was roughly $45 million, and the deal will want court docket approval earlier than being finalized.

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