Celsius Mining owed the provider $5.4 hosting – Bits Media

The Core Scientific hosting provider intends to file a lawsuit against the bankrupt cryptocreter of Celsius and the subsidiary of the company.

Core Scientific applied to the US Securities and Exchange Commission (SEC), Having notified the regulator about termination of the agreement on cooperation and intention will apply for judicial protection for the recovery of the Celsius Mining debt in the amount $5.4 million.

Even before submitting a bankruptcy statement Celsius in July 2022 years have concluded an agreement with Core Scientific, According to which the provider provided cryptocchista for the mining business of the cryptocredor.

As it became known from the materials of the Core Scientific statements, The bankrupt cryptocreter of Celsius, referring to the law on bankruptcy, unilaterally suspended the payment of all the services rendered.

Core Scientific categorically disagree with the statements, made by Celsius. The company is ready to defend its interests in court in bankruptcy cases and achieve the payment of outstanding amounts. Separately noted, that an unfavorable or untimely decision of the court in bankruptcy cases will have a significant impact on business, financial situation, Core Scientific Cash Streams and Cash Streams.

Core Scientific is one of many victims of bankruptcy Celsius. On 12 October, the total debt of the Celsius cryptocredor exceeds $1.2 billion.

Earlier it became known, that the founder and general director of Celsius Network Alex Mashinsky (Alex Mashinsky) Brought off
From your account $10 million, Before the company froze the withdrawal of funds by customers and ultimately announced bankruptcy.