Celsius, Core Scientific (CORZ) Resolve Acrimonious Crypto Mining Dispute With $45M Deal

The White House’s Bitcoin Mining Tax Undermines Itself

The settlement “resolves the protracted and expensive litigation with Core, and cuts off the significant costs that would have been incurred if the parties were to fully litigate their claims,” a filing by Celsius’ lawyers said, describing the deal – under which Celsius also acquires Cedarvale, an 85-acre Texas mining site – as a “fair, equitable, and a carefully negotiated resolution.”

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