Gemini selects Ireland as its European headquarters, while Copper partners with Bitget for off-exchange settlement solution. Coinmint sues Katena Computing and DX Corr, and China’s Zhengzhou drafts a policy for metaverse industry development. Regulations and adoption updates also feature.
Search Results for: Katena Computing
Elaborate Deception in $150M Crypto Miner Deal: Analyzing Coinmint’s Allegations and Lawsuit
Coinmint accuses Katena Computing and DX Corr of an “elaborate deception” leading to a $150 million purchase agreement for bitcoin mining machines that allegedly were never delivered. Coinmint is suing for fraud, breach of contract, fiduciary duty, and seeks $23 million in damages. The case emphasizes the challenges crypto businesses face in navigating the complex ecosystem and avoiding fraud.