Compass mining customers filed a lawsuit against the company $2 million – Bits Media

The mining company is accused of, that she cannot return the equipment purchased by clients, which is now in Russia.

Reported, that customers of the Tehas Mining company Compass Mining sued the company, Demanding to compensate $2 Milln for irrevocated equipment. In the lawsuit from 17 January is approved, that the company is suspected of fraud, since I did not warn the Russian company Bit River, that is only an intermediary, And the actual owners of the equipment are those, Who is now the plaintiffs.

Compass mining has stopped
Cooperation with Bit River due to the fear of sanctions back in January 2022 of the year. The claim is approved, that the company did not even try to return the equipment or exchange for assets. The plaintiffs insist, that Compass Mining is obliged to return the miners of its customers.

In response, representatives of the company have already stated, that they cannot do any business with Bit River. In the Russian company, the plaintiffs were announced, that under the contract all equipment belongs to Compass and, respectively, All issues need to be resolved with the Texas company.

The authors of the lawsuit assure, that the promise of compass about non -failure work 95% the cars were false - in reality it did not exceed 50-60%. Some say, that they were offline for several weeks.

Previously, Compass Mining stopped
work in Georgia due to internal problems. Customers promised to transfer to equipment, located in the USA.