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 knowledge middle to Celsius in change for $14 million in money to settle “all present litigation.” The worth of the Texas-based knowledge middle was roughly $45 million, and the deal will want courtroom approval earlier than being finalized.
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