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Bitmain Faces $5 Million Lawsuit Over Alleged Unauthorized Crypto Mining (CoinDesk) » Purdy's Two Cents
Cryptocurrency mining giant Bitmain is facing a class action lawsuit for over $5 million that alleges unauthorized crypto mining by the firm.On Nov. 19, lead plaintiff Los Angeles County resident Gor Gevorkyan filed the case against both Bitmain’s China- and U.S.-based entities in the federal court of the Northern District of California, alleging that the firm’s devices use customers’ resources to mine cryptos for its own benefit prior to full setup.