SBI Crypto accused the Whinstone Date Center of Fraud and negligence – Bits Media

SBI CRYPTO mining company (SBIC), subsidiary of the Japanese corporation SBI Holdings, I filed a lawsuit in the Texas District Court against the WhinStone Us Data Center.

Accusations, which SBI Crypto puts forward against Whinstone, include concealment from customers of a critically important information, promotion to unreasonable conclusion of a contract, non -compliance with the agreements on hosting services and non -disclosure of confidential data.

SBIC lawyers claim, that the Whinstone Date Center did not meet the industry standards and knowingly falsely informed the mining company about the availability of certificates and licenses, necessary for the placement of equipment and the provision of hosting services. The representative of SBIC assures, that the Date Center did not have a building permit and did not conclude contracts for the supply of a sufficient amount of electricity.

SBIC was also accused by the leadership of the WhinStone Data Center of negligent circulation with the operational management of mining equipment. During the inspection of the site, SBIC employees “revealed a high level of dust accumulation and traces of corrosion”, despite , that earlier the administration certified the company on compliance with all operational standards.

Sbic Crypto said, that in the aggregate distortion of information about the readiness of the data center to maintain mining operations, as well as non-compliance with the conditions of equipment maintenance led to losses of millions of dollars due to delays and restoration of damage.

The American mining company Riot Blockchain announced
about the absorption of the competitor WhinStone in 2021 year. The deal was closed for $651 million.