Compass Mining wins in high-profile court case
Representatives of Compass Mining sued the hosting provider. As a result, the bitcoin miner won. Recall that last June the organization sued Dynamics Corp.
On December 29, 2022 in the United States, the court ordered the hosting provider to pay the plaintiff about $1.5 million.
However, there is no certainty that the defendant will be able to pay the full amount. It is known that Dynamics lawyers did not participate in the process. Because the hosting provider was unable to pay for their services. Which probably speaks to the dire financial situation of Dynamics Corp.
At the same time, the defendant hopes to be able to file a successful appeal. Because, according to the representatives of the hosting provider, some of the documents provided by the plaintiff were not properly executed and provided.